Late fee is considered reasonable if it is not more than 12% of the rent for the rental period under the lease for a dwelling located in a structure that contains not more than four dwelling units or 10% of the amount of rent for the rental period under the lease for a dwelling located in a structure that contains more than four dwelling units or the late fee is more than the applicable amount but not more than uncertain damages to the landlord related to the late payment of rent, including direct or indirect expenses, direct or indirect costs, or overhead associated with the collection of late payment.A late fee may include an initial fee and a daily fee for each day any portion of the tenant's rent continues to remain unpaid, and the combined fees are considered a single late fee.

In cities where zoning is residential, there's more flexibility, especially in places like Oregon where legislation was passed a couple years ago to allow "middle housing" in all residential zones regardless of primary zoning.

STR's are on the legislation to be voted on Tuesday.

The industry has dealt with new technology geared at improving workflow and resident tours, a world-wide virus has come and gone, interest rates have drastically changed the environment and there have even been some major legislative changes that have impacted our industry.

I wanted to add an update to this since the Atlanta STR legislation is so uncertain right now. 

Just got word from my accountant about this new legislation.

And, our governor just signed some major anti-squatting legislation.

There is a bill currently in legislation in Hawaii County that is changing several items that affect rentals.

I'm back in town this week I was checking on our deals in columbus. land cost is prohibitive in some ways but with the right group I think we could take down a good deal. there's some new legislation that is pushing density as well  which is favorable for land entitlement. thanks for commenting I'll follow up privately 

This is a tax shell game question about gold and real estate in the states passing "legal tender" legislation like Louisiana (article linked).