Unlike some states with strict rent control and tenant protections, Memphis offers a straightforward eviction process and fewer restrictions.

@Jay Hinrichs yes Maui did the same thing after the Lahaina fire, and you're also right that Santa Rosa had no such restrictions. 

Hey @Jonathan Vinas, @JD Martin hit the nail on the head.You are better off looking in areas with no restrictions if you can.I will say that some of the restrictions might be able to manage.

Important things to look for: if you want to STR (you will make more this way) then no rental restrictions, if you plan to MTR, 30 day min works, anything longer doesn't.

If we become heavily restricted, what chance does the rest of the DMV have to get their own regulations that make sense?

Many of them now have very restrictive permitting requirements.However, I have a real soft spot to Edisto Beach.

In the last 18 months various states have instituted new rules, regulations or laws related to (1) need for licensure to wholesale (2) restrictions on marketing of a property in which you do not have ownership and (3) disclosure requirements when dealing with a homeowner that makes it clear to the homeowner that the contact signed with the wholesaler is not a definitive “sales” contract, therefore making it less likely home owners will sign4.

I find it odd that this isn't a more standardized practice.

Even new laws restricting short-term rentals seemed only to present new opportunities to savvy investors who knew how to find the gaps.But the last year here, I've started to wonder if Airbnb and short-term rentals as I've known them are dead in Colorado. 

@Ricky Hernandez  We bought in two different communities that had no rental restrictions then later imposed cap of 10% rentals.