I just winning a bid and very regret. 

Is it best to simply increase rent by a fixed amount (e.g., $700) to cover this, or are there other strategies for handling utilities in this situation?

The increase of the money supply in 2020 is quite simply the cause of the inflation we saw in 2021-2023.

Maybe you could extend the closings with some additional earnest money (even if you release it) and buy the time so you can simply do a regular 1031 exchange.  

To answer your question, I would simply search google or even Bing AI chat and ask "short term rental regulations in ___" fill in the blank with the market you're searching in.

In all my years of Property Management in one of the most tenant friendly Cities in the World, I bet there will be a lot of interested people, regardless if they are actually planning on buying in a tenant friendly City.My management style would be considered highly unusual as I approach these issues so that it becomes a win-win situation and take into account the human element of the tenant.There is potential for me to add more to that Podcast to include how the Portfolio did over the 28 years growth period (1998 to 2025) with real numbers.There will be things like making the Portfolio safer as I age by paying off the Mortgages and increasing cash flow, etc.I'm also a Cloud Software developer (Salesforce specifically) and will be employing a lot of A.I. in 2025.The RE Portfolio is cash flowing very well and I can afford to integrate experimental A.I. to test it out.Things like A.I.

I simply take the 2-3 day no-fee transfer from these platforms.

I'm not sophisticated as Dan, but if you simply do the straight math, it may be close to 10 years before you break even on $190k. 

You simply can’t ignore the risk of investing in an area that you’re not intimately familiar with.

And there's been MANY times I get bookings that come through for same day check-in and they "pay" with an invalid card but because Booking simply collects and passes along the card number, if I don't notice the card declined in my system they get a check-in code and I'm chasing people down for money.