Can regulations change?

@Eric Andersen definitely put weight into what @Michael Baum wrote and do your own research on the city regulation/zoning.

Just be sure to check local regulations because some spots are cracking down on STRs.

I would look into any regulations that might require you to have a fence around the pool as well :)Hope that helps.

As for Alexandria specifically in terms of regulations don't take advice from a public forum - look up the laws yourself and make sure you understand them.

I've consulted a few times over the years with planners and with the way I buy properties, my liquidity requirements, and my concerns about about how government overspending affects the future, makes me a poor candidate for IRAs and 401(k)s with the stifling regulations.   

Big cities tend to have more regulations, more crime, more leftist-leaning policies that hurt investors and private property rights, etc.

It's a delicate procedure!

Very good point.In the case of Arizona, I have been unable to locate any state law / code that suggests Arizona may have additional regulations. 

Keep in mind all this stuff is uber regulated, very detailed, far from simple.