The market has been incredibly robust the last few years and I don't see that changing anytime soon especially as mortgage rates continue to decrease.

Yea, I'd love to call and maybe change your mind with our processes 

STR markets are tough and change fast, best of luck!

We are now doing short term rentals but we're thinking about changing to a small wedding venue. 

I have had inspectors look at rooms on renovations that were not permitted (we weren't even doing work in the rooms) and asked that certain changes to be made to bring the room up to code (it was minimal).

Sometimes using an LLC or similar setup can change how the income is taxed.

As other people mentioned the areas do change pretty quickly. 

I have sold some properties years ago on lease options where the tenant buyers actually exercise their right and purchased the property. ( I was in the deed.)The reason I am concerned to tie another person’s property up  with the lease option is that people can change their mind, as in the seller.  

The only downside with SC is the LTR pricing will be rough if you have to change course, so buy with that in mind.

That term is generally used when zoning has change, such that it if the structure were destroyed, it could not be built back.