It was only after this period ended that I discovered the problem when I encountered difficulties obtaining home insurance.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

Consequently, it’s up to these companies themselves, not demand from investors, to set the value of their shares.Non-traded REITs own about 10% of the $2.5 trillion in real estate assets held by REITs, not counting private ones whose shares are only available to accredited investors, according to the National Association of Real Estate Investment Trusts, a trade group.The SEC and the Financial Industry Regulatory Authority, a self-regulatory organization for brokerage firms and exchange markets, issued investor notices in the mid-2010s that warned of potential risks from non-traded REITs.They include a lack of clarity as to how shares are valued, difficulties in selling shares readily, high fees often paid to managers with possible conflicts of interest, and the potential that investor cash and loan proceeds can be used to pay dividends during unprofitable periods.More recently, high-profile investment firms such as Blackstone Group and Starwood Capital Group have started their own non-traded property trusts with offers to disclose more information, charge fewer fees, and allow shares to be cashed in more frequently.

Think about all the extra time trouble and cost it takes to turn an ordinary house into a vacation rental...just my two cents though...

We have increased our monthly rent to price ratio from your ~0.75% to 1.1% but the leverage ate up all the extra cash flow (even if the total return is likely higher).You could be a cash buyer and go from your one property to 20 and cash flow 20000/mo but you are still having to buy and manage 20 properties.You can do better on the total cash flow in other markets or rougher neighborhoods, but the story is similar: you are getting an extra ~25-35% in income for 20x the hassle.

I think if you have a little extra time, operating a smaller STR business can pick up some good income.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

A pool can be a big liability, but can also be a bonus for the right tenant that is willing to pay extra for that amenity.

It seems like you’d get at least an extra $100/mo and it would pay for itself.

You definitely would want to read through the county laws again.If you don't want the extra load up front, best to wait until you get the license.