Additionally, joining local real estate investor groups or forums can be valuable, as members often share updates on regulatory changes and best practices.To automate and make the process more efficient, consider using tools like AirDNA or Mashvisor, which provide data on short-term rental regulations and market trends across different locations. 

However, consider whether you are willing to manage the additional regulatory requirements and the specific needs of Section 8 tenants before deciding.

One possible large impact would be a minimum setback requirement from the railroad to any development, which could drastically cut the usable land. 

Evaluate various risk factors, such as market volatility, regulatory changes, and operational challenges.

It is zoned multi-family and I could do 14 or 15 straight townhouses but the City in question, while they immediately adopted the latest ADU rules, has archaic multi-family land-use regulations centered on a large apartment complex mentality that are costly for infill / middle housing  (1.75 off-street parking spaces per unit, major landscaping requirements, "amenity" requirements, unreasonably large setbacks, etc.). 

There are fewer regulatory and tax implications compared to short-term rentals.Short-Term Rental: Can provide higher income but requires more active management, marketing, and maintenance.

So do your due diligence and don't let this set back knock you out of investing.

I believe sharing our experiences and strategies can help us all navigate this new regulatory landscape more effectively.

Hello Hunt Van Winkle,Banks typically lend with a maximum LTV ratio of 75% for several reasons related to risk management, regulatory requirements, and financial stability.

We believe that the collective knowledge and insights from this community can be invaluable in helping us navigate the complexities and opportunities in this field.We are particularly interested in:Understanding the key challenges and best practices in new construction projectsLearning about effective project management strategiesInsights on securing financing and managing budgetsTips on choosing the right locations and marketsExperiences with regulatory and zoning issuesNetworking with potential collaborators, contractors, and service providersIf you have experience in new construction or are currently involved in such projects, we would love to hear from you.