What is required to obtain real estate investing independence is the following1 - TRUE education in real estate (1) principles, (2) law, (3) finance.

The state laws (do not quote me) appear to not let these companies increase rates (or its not easy) to pick up the losses.

This year, the State Legislature gave all counties the authority to change STR's laws however they see fit.

You still have to comply with all relevant laws.  

.- I was scared to drop out of law school In 2021 and go all in on REI, I’m super happy with my decision.Now, whenever I’m scared/nervous, I take that as a sign that I should probably do it, and that it’s room for growth.Yes, sometimes it will be a mistake, but that’s how you learn.4) Value Relationships over everythingGood relationships will bring you more joy and take you farther than being selfish and/or greedy.What principles do you live by?

Keep in mind that while there is an exemption to the Fair Housing Act.....most states that have a state level Fair housing law do not typically provide the same exemptions as the national law.

Also, take time to understand Arizona landlord-tenant laws to stay compliant and protect your investment.

Regulations & Compliance: What's the best way to research local STR laws and avoid potential regulatory issues?

Pull your tenant-landlord laws for your area and arm yourself with as much education as you can about being a first time landlord. 

Just ensure any updates comply with Pennsylvania laws and are handled transparently.