After you factor in curb cuts, permitting, line striping, machines and permits it can be cost prohibitive.

They are also there to answer questions as you invest and be sure you don't engage in prohibited transactions.

SMOKING/VAPING PROHIBITED: No smoking or vaping is allowed in or on the Premises, including but not limited to any common areas.

If you're using a simple contract that does not prohibit assignments, you can assign it with any additional disclosures.

New Braunfels:short term rentals are not allowed in any residential zoning districts​a special use permit must be obtained for all properties located in non-residential zoning districts, except those located in the following zoning districts: C-4, C-4A, and C-4Bshort-term rentals are not allowed in the floodwayannual life safety inspections are required​maximum occupancy of two adults per sleeping area, plus an additional four adults​a minimum of one off-street parking space, not including the garage, must be provided per sleeping areavisit the city of New Braunfel’s website for more informationPoint Venture:permit requiredowners must provide guests with important operation information such as emergency contacts, location of water shut off, parking requirements, trash collection, etc.view the complete STR ordinance for Point VentureRollingwood: STRs prohibited no rentals less than 30 daysRound Rock: no restrictions on STRsSan Marcos:Home Share Rental Registration required​Proof that the premises is the primary residence of the applicant, including at least two of the following: motor vehicle registration, driver's license, Texas State Identification card, voter registration, tax documents, or utility billOnly permits one STR/owner in city limitsOccupancy limitsRequired safety featuresLink to more detailsSunset Valley: no restrictions on STRs​​Spicewood: no restrictions on STRs​The Hills:no restrictions on STRs​There are extensive HOA rules you must follow.

There is an ordinance prohibiting <30 day rentals.

In any case, it is always best that you consult a financial advisor or attorney to insure that your IRA is not engaging in any prohibited transactions. 

Have a clause in your rental agreement prohibiting unauthorized occupants and set a fine (ours is $50) for a breach of this clause.

Utah just passed a law prohibiting foreign governments or their agents buying land in the state.

Ensure your lease prohibits smoking.