And in condos, you can't differentiate so much with the other units in terms of amenities you offer.3) Regulations: first zoning need to allow STR, then the second step (if condo), is the HOA.

We could sell that house by itself, but it would be sold under a land in common agreement and an HOA would need to be formed.I also confirmed with the Public Works department that a 2nd driveway can go in, with a septic designer that there's room for second septic tank, and with the public water company that they can tap into the main water line from one of the neighboring roads.I'm sure there are some more details that I would need to iron out that the code officer didn't bring up, but the high level answer I was looking for is that my town does allow selling off a second house under the LD 2003 legislation.

This will depend upon state and local laws, I would definitely consult a RE attorney with HOA and/or STR experience. 

The Utah State Legislator passed a law last year overriding all HOA's allowing Primary Residences to have rentable ADU's.

Another caveat: there are a lot of STRs out there that are breaking HOA/local government/state/federal laws or strongly bending the rules, and I'm looking for people who did not do that or who mitigated risk there. 

I am finding it a bit challenging to keep track of all the URLs like HOA, Electric, Gas, Solar, Taxes, etc. in one place. 

I do not want to turn into a x3 unit building due to creation of HOA etc.

I purchased the unit for 250K and I put about 25K into the place.The rents in the area for these type of units go for around 3K, maybe a bit more, leaving me about $400+ a month in profit after the mortgage and HOA.

Also, if there are any good reads out there, I would love to know that too.Interest - HOA - Appraisal - Repairs and Maintenance - Home Inspection - Devices - Travel related - InsuranceThank you, Bigger Pocket Family!

The HOA bill comes with advantages for this population because it also usually comes with some amenities like a pool, hot tub, gym, etc.