If it is a residential property, agents typically use a standard residential contract (most if not all states have there own committee).

It will be heard in Committee this Friday.

I've just written one of the representives on the committee, objecting to this.

Uncertainty they feel could get the committee to vote to call.

Check your Governing Docs and any "design review committee" or similar requirements.

I’m on the Grievance Committee where ethics complaints are initially heard.

Things I look for are many, well connected to the area, on different boards, committees, etc. just to see how big of a presence they have in the area.  

Definitely worth finding out where they are allowed and what restrictions they have, some places are super Airbnb friendly and want tourists and investors, others have hotel owners who’ve been on committees for 100 years who shoot down competition, so they make it hard for airbnb to thrive. 

I'm not there, but I wanted to encourage you with a few ideas for your own market research in case no one else chimes in: 1) Look at rental listings via rent.com, apartments.com, realtor.com, etc to get an idea of vacancies. 2) Check population growth.3) Contact the local chamber of commerce or economic development committee and request data. 4) Talk to a local property manager who holds properties there, request time to fill, vacancy rates, etc.

@Stefan StankovicHi Stefan I'm not going to be the best to weigh in on this but I'll try.My limited experience with going through various application meetings and looking into applying for variances is that it is often a different mindset, temperament, and patience level in dealing with these types of projects (and committees) as compared with the norm to be successful as a real estate investor.I have not built subject to historical area requirements however have talked with a couple people that have.