River, I have bid on a few properties that would be great for short term but most of what I am looking at are for long term due to town restrictions and very good school districts.

I find it odd that of the gushing replies that support this guru, most of them are people who have this as their very first comment.   

Are there lots of reguklation restrictions in Blue ridge?

My only roadblock is there is a deed restriction that states "No use of said property pursuant to rental agreement (oral, written, or otherwise) or other landlord - tenant relationship.

I've never seen an "All Other Perils" deductible restricted to percentage of the policy.  

There wasn't as much systemization so we were always dealing with odd requests and we did what you did, tried to make the best of it and offer something fair.I think as operators we have become too scared of reviews (but they do totally tank you) and the companies should be able to review the back chats to determine if the review was valid.

Regs can run the gamut:  STR licenses are unlimited and available immediately with no restrictions, STRs can only be rented so many nights/ stays a year, STRs can only be in designated areas, the number of STRs are capped and there is a waitlist for a license.As others have mentioned, typically an unregulated STR will have more revenue than a LTR, but it will require more consistent work and effort.  

This is why agency loans have more restrictive yield maintenance, and defeasance prepayment penalties (they don't want you to immediately jump ship, and leave the mortgage bond holders handing).

Any thoughts on other alternatives or experience doing short term rentals even with HOA  restrictions? 

Remember there are a lot of restrictions in Fort Worth and Arlington.