I happen to agree with @Pedro Recarey 's sentiment on this may be a blessing in disguise.

Still, the sentiment at the city council level is that STR is a positive wave that they want to ride.

My sentiments exactly.

Circumstances arise that may affect that (job change for example) but if the intention is to deceive and profit that falls clearly in the wrong and there are many BP forum responses from attorneys that echo that sentiment.  

The current measures and sentiments in the US are not serious at all compared to what the measurement China or Korea are taking.

It will be a pain to get someone to talk to you about a deal, deals will usually be suboptimal, which reinforces the "you'd better be prepared to negotiate" sentiment that others have brought up.

@Jason UnderdahlI have the same sentiments as you do right now.

This is my main road block now, as some people tell me I'd be crazy to sell the rental (after all expenses I still cash flow around $700/mo), and I understand the sentiment.

I'll echo other's sentiment - unfortunately the PM business is somewhat of a commodity, with pretty fierce competition on rates.

I agree with this sentiment @Ronald Starusnak.