I exited the market due to the short term rental regulations - properties that are rented under 90 days are considered short term.

What may actually be helpful to a family (stability) is not what regulators look at.

People’s Republic of Asheville is more concerned with STR regulations than people living in boxes on the streets.

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.

Make sure the zoning, local building department/regulations, and neighborhood allow you to put a tiny house on your property and rent it out.If that is not possible, using that money for the next property makes sense.In general, I think increasing housing density will help provide more badly needed housing affordably.To Your Success!

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.

I do NOT trust “regulators”.

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

Is it tied to changes in the market, a response to new regulations, or part of a long-term plan?

Much of my career for the last decade has been in Cybersecurity, and we feel the same about DOJ and regulations around incidents.