See link:http://www.legis.state.pa.us/WU01/LI/LI/US/PDF/192...Wherever you see that link refer to a city or county of the "first class" - that is PA state legislation code for Philadelphia ;)

Frankly, in small towns people have to live somewhere and if I put out the best product, my house will be the next one to sellMy recollection is the last 2 crashes had some legislation that fueled the flames.

It is the most small-business friendly legislation ever passed and allows most business owners to write off up to 20% of their business’ net income.

@Lorelai Gilmore Washington State has just enacted a bunch of new tenant protections during the last legislative session. 

They spent a good deal of time talking about proposed state and local legislation that impacts landlords.  

However, research on rent control has shown that where legislation works against market forces by setting a cap on what a landlord may charge the impacted communities tend to see stagnation in the market.

@Anastasia StalYou might want to look at marei.org. it is the rei site for kansas city and many times they talk about landlord laws and other legislative issues around the Kansas City area for investors.

Thus, it is not surprising that legislation is very restrictive to rent-by-owner short-term rentals that directly compete with the hotels/casinos.If you end up choosing that route in Vegas and want to explore short-term rental professional management options, feel free to direct message me or give me a ring.

Further, even if they were considered, many times there are opposing forces involved in getting the required acts approved and some provisions hit the cutting room floor while others are wedged in to make a particular group more likely to push the legislation through.

People have gone into great depth about the various tax benefits of different avenues (RE vs 401(k)/IRA vs Roth vs life insurance, etc.)What people haven't mentioned is that these are all based on legislation, written by politicians.