Pick up the phone or stop by local code enforcement offices to make sure that you have a crystal clear understanding of local laws and regulations.

Wholesalers are not regulated by Real Estate Agency, therefore not required to abide by certain laws and disclosures.

As with most municipalities and jurisdictions, the evolution of the AirBnB market has spawned regulation and restrictions on where, when and how a STR can operate.

Follow your state regulations on notices but do everything you can to avoid an eviction.

I also doubt very seriously that any brokerage/custodian is going to allow this kind of loan with 401k assets; it's likely going to need to be a 401k general purpose loan, which is highly regulated (as someone else mentioned). 

3️⃣ Local Regulations: Before you invest in a short-term rental, it's essential to understand the local rules and licensing requirements.

That would bypass many city/state regulations that force landlords to rent to people here illegally. 

I don't see them ever reversing the regulations.

There are a lot of jurisdictions (most of the West Coast now) that include marital status, sexual orientation, and others under their fair housing regulations.

I'm looking to buy a house in the St Pete market & have read zoning regulations, articles about STR (anything less than 30 days) and have discussed with my realtor.