Read up on all the legislative issues and insurance issues with condos in Florida. 

While a great tool (especially the prior legislation version), I frequently see properties trade higher than they should because buyers analyze the properties with an extremely narrow lens without appreciating the favorable impact the abatement has on operating expenses.

So part of your due diligence before such a purchase has to involve trying to determine if legislation will be passed that prohibits short term rentals in the locale of your purchase. 

Some of our ocean cities and then sub-cities surrounding the capital Providence is beginning to try and restrict the amount of STRs, the geographic locations they can be in, setting up legislation that requires specific permitting use, and so on. 

My properties are in Oregon and the state is legislating several laws that are very landlord-unfriendly.

I attended one of the community meetings regarding this legislation. 

In my opinion, it’s really the only way to stay up-to-date on all the ever-changing laws in this state (they’ll send you frequent emails on any pending/new legislation affecting landlords).They also have webinars, guides, podcasts, etc to help you understand the laws.

It would be up to you if you wanted to eat this cost or pass it onto the tenants (it depends on local legislation of course).

Unlike Baltimore, it doesn't have as much anti-landlord legislation. 

Even the best vetting and backgrounds can't compete with NYS's continued governmental sabotage against landlords.I was seeking out my next property in the greater Buffalo area, but between the legislation passed last year, the one cuomo signed yesterday regarding evictions, and a myriad of other reasons...