To add to the above post, here's an update of the status of legislation on zombie homes.

This is urgent- if not vetoed by June 29, it will become law.Call Kevin Reilly, Director of Legislative Affairs.

I will be going with a group of PM's to Washington  in May to fight for better, clearer legislation with regard to the service, comfort and assistance animal issue

Start your own wholesaling 2.0 business, or maybe contact your legislator to install a new law.

Please talk with a legal professional before doing this loan.Consumer loans generally require tons of regulatory compliance and licensing.Consumer loans have been legislated out of existence for private lenders ... according to my lending attorney.But, you can still do it, just need to comply.

@Yonah Weiss I'm certainly not a tax expert or a legislator so take my opinions for what you paid for them. 

There are many other areas (Nashville is a popular example) where legislation exists that has tight restrictions on who can have an STR and under what circumstances, possible caps on number of rental days, an arduous permit process, etc. etc.  

This can have advantages when local legislation or issues come up.

No executive action, no proposed legislation.

It probably does not matter to you personally until you need someones approval for something, or until legislation is made.