This will create now even higher pricing locally and extremely nearby.

Just buy a property that's walkable to the beach (or other nearby attraction for that market), and you won't even need to think about this!

GM (and Nissan) have their auto plants nearby as well.

Population growth, strong job growth, multisector industry/economy (Never invest in an area propped up by a single industry, or worse, a single company), landlord and business friendly, strong development, strong sports teams (even minor and farm teams), lower crime rates than national average, and good schools/colleges nearby.

We are looking to do an STR in the Crestline area or nearby areas.

I think overturning some of them will include getting some of the nearby lots to vote on it as there is a clause stating that that's allowed.The thing that scares me the most is regarding the stylistic stuff -- there's a clause stating -- "The homes shall be harmonious with and reflect the exterior design characteristics of these homes already erected on the property" and that combined with -- "it should be lawful for any peron or persons owning any real property situated in said tract, to prosecute an action or proceeding at law or in equity against a person or persons either to prevent him or them from violating these covenants or to recover damages for such violation"My RE lawyer friend said that its such a broad clause that it could potentially open you up to getting sued if a neighbor really wanted to depending on the stylistic choice of your home.

You want to look in a market that has legal approval for short-term rental and draws visitors (are there reasons to visit such as attractions, nearby cities, outdoor life, lake, beach, mountains, etc?).

https://www.biggerpockets.com/blog/rookie-372I think they mention investing in a nearby smaller city with more affordability, but great investment indicators.

I agree with Chris in questioning why the seller hasn’t pushed the nearby print shop to address the issue and get the property remediated by them.

There are a good amount of luxury apartments nearby, but I don't think any of them have the ability to be subleased.