However, since market shift / rate increase even these guys have slowed down quite a bit.Regarding regulation, I think eventually Indy will have to regulate against Short Term Rentals.

Thanks for responding.The model's income right tokens may be subject to a number of SEC regulations. 

Local Regulations and Taxes8.

Never invest in any city on this list of the 50 most dangerous US cities.Low operating costs: High operating costs are one of the driving factors for many companies, leaving states with high taxes, regulations, and other costs.

There is not the appreciation of the larger cities, acquisition costs are much lower, not difficult to find carpenters to do work, cash flow is over 1%, minimum regulations, and good tenants are available.

Do you have that information based on experience and knowledge of banking policy or is there any law/regulation about it?

There are markets that have built in "gotchas" like the rising cost of insurance in coastal FL, regulations in much of the west coast states and property taxes in Texas; however, the deal itself is the most critical factor.

You need to research/know the rules, laws and regulations (including HOA if applicable), like you'd do in any US city.

However, too many risks with that, and too many regulations I guess...

Quote from @Jonathan Greene: What are you looking to do in 2025 to grow, regulate, or downsize your portfolio?