Big changes coming soon, and climate change is just the beginning.

Lending laws change frequently, and we receive emails from Lightning Docs throughout the year explaining their updates to the documents we use here in CA.

Sad that NY isn't taking advantage of expensive hotels to get most of the US traffick to stay on US side and just do a day visit to Canada side and come back.I don't know why small towns change their STR rules and make restrictions.

What was the one book that changed your mindset and made you believe you could do this? 

Before the 1% "rule" there was the 2% "rule" that then got reduced as the market changed.

It would be great if your rental could also work financially as a long-term rental if the STR market changes.  

There is an much art as science in financial projections and numbers change with the market.  

Buffalo changes very quickly block to block (not just ZIP by ZIP) and it is crucial that you understand this prior to writing any checks. 

I recently sold one I had on Seabrook Island because the club/regime/HOA were frequently changing the rules and making it harder to operate smoothly.

In the event of an acquisition your "Checkbook Control" set up would not change.