Then a hiring increase for local regulation officials or private sector to assess housing quality & approve it.

Check your local ordinances for regulations in your area.

However, the market is competitive, and rental regulations are becoming stricter.

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

This is a highly regulated activity by the CFPB.

Neither do the Regulations 1.761, from what I can tell.Further, in the 2018 Argosy case where the taxpayer was a H/W LLC, the Tax Court said: "...Petitioner contends that a Mr. and Mrs.

One thing to take note of is that a lot of places that are established STR markets have regulations stating that you have to honor future bookings.

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

Additionally, make sure you’re familiar with local property laws and any regulations that could impact your investment.I agree with @Jason Wray that you can easily find a cash flowing deal under 200k. 

Having developed a majority of my career in CA the regulations and red tape for construction and development are intense.