I like to think of the giant dead cockroach we found upon buying our 3rd fixer upper.. our welcoming committee.    

We are chairing a committee for the Missouri Landlord's Association as well, and this meeting we will be deciding what issue we want to research.  

I attended the Denver Short Term Rental Advisory Committee on Tuesday, and they had some more information about how compliance with and enforcement of the new Denver Airbnb law is going.As background, the city council in June passed the new ordinance, which legalized certain short-term rentals but also prohibited anyone from using a second home or investment property to do STRs.

I have one lender where our future loans require approval from a committee.  

How review committees rule on these cases are a great insight into the longer-term direction of the city/neighborhood. 

For my $1100 a year I get1) All of the contracts and forms (purchase, well/septic/listing agreements, Addenda) updated by a panel of lawyers as needed by case law which is about 50 forms I can use as needed2) Transaction desk and all forms uploaded to that for easy filling online out and authentisign so I can have things signed electronically3) Realist, all property information and county records at the touch of a button and good ARV4) RPR Another way to make quick and speedy comps5) MLS which not only lets me get my comps (so 3 comps to use as a comparison) and all sales past and present6) They do have a portal for my clients to visit and do all autoemailing as things come on the market7) Ekey access8) Market reports and stats at the touch of a button.9) Lobbying efforts as Russel mentioned10) Legal help line to callI do give back and am on the tech committee and attend a number of events, but just for the above the money is well spent.

If so, forgive the duplication.For those Airbnb hosts in Denver and Colorado Springs (and anywhere in our great state), you might have heard about a bill being considered by an interim legislative committee that would have reclassified short-term rental properties as commercial properties for the purposes of property taxation.Without going into the super sexy minutia of tax policy, essentially the bill would have change the percentage of your property eligible to be taxed by local mill levies from 7.2% to 29%.

My goal next  year is to get involved in the chamber or some sort of committee that could possibly steer development one way or the other - To the OP - id seriously do your homework unless you want to be a slum lord.  

This allows me some time to get rents closer to market and additional funds to do turnovers.This is the 4th deal I have used this lender for, so he knows me well and goes to bat for me with the loan committee.

I was on a feedback committee for this and they heard multiple landlords speak up and several initiatives were nixed as too aggressive so it's not a "we're out to get landlords".