Prepayment penalties- usually 1-5 year terms.

My passion lies in expanding my portfolio of long-term rentals and diving into property flipping as I grow in this journey.My main goals are to connect with like-minded investors and professionals, share experiences, and soak up as much knowledge as I can from this incredible community.If you’re based in Georgia or working on similar projects, I’d love to connect and hear about your journey!

They thought it is a new term lol.

On long-term rentals the bank likes to see signed leases which clearly you can't have with STR. 

Hmm, the title company said they couldn't determine the amount, only that there was an agreement to the terms of another agreement... like a notice for hoa responsibility tells you they're responsible but not how much is owed.

Think of it as s long term investment that will save you headaches down the road. 

Hi @Nicholas L. and @Chris Seveney a few weeks after my post, they did a part 2 for the survey and 2 days ago, the Zoning Dept. emailed out an update for the proposed policies.Here's their message:"We want to keep you informed and share a preview of the proposed Short-Term Residential Rental Ordinance regulations and express our gratitude for your invaluable feedback and participation in Phase I and Phase II of the Alexandria Short-Term Residential Rental Study.

Being prepared for these hurdles can make all the difference in achieving long-term success.

I am interested in learning all I can about Long Term and Short Term Rentals. 

I am extremely familiar with the area, I know that it can rent long term, and it is perfect for my family's current needs.