My understanding is that historically the city restricted STRs though a local ordinance, but this changed when Senate Bill 1350 became law in 2017, restricting municipalities from prohibiting STRs.Visitation has skyrocketed, and it seems there are more visitors in the off season months.

Give visitors a great experience and the property will produce great results. 

No overnight visitors.

@Preston Dean I would prefer to do it this way, that is as long as I could find a place suitable to fit all members of my family.

If the inspector did not see signs of pests or recommend that an exterminator evaluate the situation, they may be new visitors.  

Pretty much any city/county in the United States has what is called an Transient Occupancy Tax (TOT) which is levied on visitors to a given area and normally collected via Hotels, B&Bs, etc.  

The market is competitive, and I’m struggling to locate suitable properties within my budget.

One is being sued. 2 were forced to declare bankruptcy and the one being sued is going to have to most likely.They all got over leveraged, didn't have enough cash to make the places nice, no real reserves and then the pandemic came along with the various municipalities restricting visitors etc.

Most M&A transactions in the middle market include some component of seller financing but the amounts are low — often 10% to 20% of the deal size.Seller financing is often the most suitable option if SBA financing cannot be obtained.

My biggest concern is if my tenant's visitor found the firearm and used it on the premises even though the tenant him/herself worked for law enforcement I want to make sure i'm not liable.