IN my mind this all boils down to what kind of assets you have … if your just have vanilla rentals and your not a slumlord what is your risk.. and insurance is far more important than how you hold title.most people have never been in litigation .. so for some reason they just think hey your sued and going to end up in court.. it is extremely rare for anyone to end up in court.. there just is not that amount of liability renting out little pink houses to renters.. but irrevocable trusts I believe offer protection and same with charitable remainder trusts.. but just having LLC no matter where its formed.. the opposing council will sue you personally that I can flat guarantee.. they wont say HEY this guy is smart he has multiple entities so we cant sue him or her..

Our legal council is looking for someone in his firm that has done a condo development and what their recommendation would be.

Draft proposal going to the board in the 2022-2023 FY. 2) Preserving and creating affordable housing- Focusing on supporting affordable housing initiatives in East Sanford and 1st Street Initiative to push for more amenities and parks, pushing for more access to affordable housing by partnering with Brick Capitals CDC to educate homebuyers, continuing to fund urgently needed rehab and repair projects and partner with nonprofits, continuing to support the S3 Housing Connect Initiative. 3) Vibrant downtown- Focusing on connecting Sanford to Jonesboro through a municipal service district and how to market and road their way to connecting them, continue improving mobility via sidewalks/bike paths, recruit and retain small businesses in Sanford and Jonesboro, continuing to develop local infrastructure.4) Planning & Infrastructure for growth- Making more efficient use of water and sewer systems- specifically long range future capabilities and collection/distribution, Improving Streetscapes (streets to improve determined by council), continuing to update land ordinances to promote the desire growth layout, updating local parks and other amenities, enhancing of street lights is on the book for 2022-2023 FY, development and enforcement of highway corridors passing through Sanford. 5) Engagement- Focusing on pooling community leaders together, partnering with local and non-local groups/leaders to strengthen Sanford's population engagement, developing diverse community building programs, and enhancing information dissemination for tourists.It's quite clear that Sanford is setting it's self up for future development in a big way, and it sounds like they are approaching it using the right methods as well.

Realtor who lives there says town council may be bringing stiffer rules on STR such as capping the number (well below current) and not allowing permit transfers upon property sales.I've read this same story about several western ski areas, many ski resorts are struggling with understaffing as a result, and angry customers, and many ski towns are taking measures to limit STRs.

Do they not have to prove that in British Columbia?  

He used to run a STR management company, is a lawyer, native Palm Springer, and his wife is on the PS City Council. 

I had my doubts when it passed in the city council because these regulations weren't new, they were just un-enforced.  

That being said, you can separate the twin cities as an area from the twin cities as two individual cities.Last year, with the ordinances passed by the Minneapolis city council I took that entire city off my list for possible investment.

@Steven WesolowskiI have worked for several billion dollar companies who were developers and contractorsThere are on other boards and councils, worked with local officials on the fine line of jurisdictions over reach and what is requiredThey ran their business like a professional company with values and ethics.

Now, jokes aside, I personally know brokers in Spain and Portugal and I can tell you they're busy selling to British people hand over fist.That interdiction of foreign ownership in the so-called forbidden zone comes from an old law which was enacted in order to limit the risk that Mexico would be invaded by foreigners.