Among the top reasons, I would recommend understanding what different price points look like in different areas along with taxes, legislation, population/economic growth, affordability & rental demand. 

While the outcome is uncertain, to the extent our effort is successful, it is our intent to distribute any recovered proceeds to all affected.

Not to mention other pieces of legislation that make being a landlord in CA not the most ideal. 

While I'm aware that Airbnb tends to boost new listings, I'm uncertain about how VRBO works in this regard.

If I proceed with adding one unit, around 1500 sqft, the construction and approval costs may amount to approximately $450K, which would bring the total property value to around $1.35 million.Given that some three-unit properties in Canton have sold for less than $1 million in the last two years, I'm uncertain whether adding this one unit and renting it out would be a wise investment.My questions are:Is adding a single unit worth the investment considering the current market trends in Canton, MA?

I’m uncertain if single family or multi family properties will hold more equity in the long run or if the equity built is mainly determined by the market you invest in.

This legislative session introduced a lot of changes besides this one.

I’m curious to know how you guys keep up to date and on top of possible local legislation arising in the future, imposing restrictions on short term rentals within the municipality?

It is my humble opinion that the legislator who wrote the law (he represents tenants exclusively), was building a business for himself and trying to create an industry for attorney's to represent tenants.

But it’s uncertain how meticulously the IRS will examine my logs.