We will still be within the same regulatory rules that were in place yesterday and will be for the foreseeable future. 

Another thing to keep in mind aside from the building's requirements and policies but also Miami Beach has a regulatory map on their website you can reference.

I have a basic understanding of the financial and regulatory side of things and feel comfortable working through problems from that side of the business but am going to likely struggle with the industry network and general workflow of a project.  

On top of that, there are regulatory agencies that each and EVERY financial institution must answer to, and EVERY financial institution is audited to ensure that they manage foreclosures in a uniform and consistent, legal manner.

Curious to know what the secondary exit strategy is on your investment if the STR path doesn't work out (local regulatory changes, market softness, etc.).

Did you run into any regulatory issues with the City of McCall with STR's? 

Commercial properties may have different zoning, tax, and regulatory requirements than single-family homes, making them distinct from residential properties in terms of classification and usage.Hope this helps.Good luck.

And in California anyone who rents for over 1 month can claim they're a long term tenant and refuse to vacate -- among other political and regulatory risks that are trending in the wrong direction.  

If you are looking to offset some costs and that's your goal, it's obviously free of any major regulatory restrictions and vacation rentable vs. some other Cali cities but not a place I'd personally look to invest to make gobs of money.

Also figure out the entitlement and regulatory environment where you're looking.