Making mistakes or getting impacted by less controllable conditions happens to all of us. 

Why would you expect a price reduction when there is no impact to value from having a lease or not?

They also care will care how you market the property, how you run your property management business in regards to how it may impact a community that they are still selling in.

How do you think choosing the right location in Texas impacts the success of a real estate business?

Vermont has two shoulder seasons that will impact your returns.

Excessive complaints or three violations in three years could lead to losing the ability to operate​.Impact on Neighborhoods: Non-owner-occupied STRs (Type 2) may cause friction in residential neighborhoods, as they often function like businesses, which can disrupt the local community atmosphere.Recent Regulations (2024 Updates):1) STR operators must obtain a permit for either Type 1 or Type 2 properties, depending on whether the owner lives on-site.2) Platforms like Airbnb are required to remove any listings that lack a valid permit.3) New noise and occupancy regulations apply, with stricter enforcement through permit revocations and finesThese regulations are part of the city's efforts to balance the benefits of STRs with the preservation of neighborhood quality and local safety standards.4o

That said, it's certainly impacting my project in numerous ways and I will have legal expenses. 

There are many factors beyond what AirDNA tracks that can significantly impact profitability, and that's what I’ve tried to account for in my own decisions.From my experience, Cancun is indeed more expensive in terms of operational costs.

It got me thinking about how major developments like this are impacting property values, demand, and investment opportunities around our area.

Yes, rents have been decreasing in certain areas, and it’s definitely having an impact on how landlords are handling tenant approvals.