If you'd like to avoid the regulations, you can always look to invest in Miramar Beach (right next door), Fort Walton Beach, 30A, or PCB, where the regulations are minimal or nonexistent.  

Hi @Ronairo L Wilburn, Just an FYI, the 1031 Exchange Qualified Intermediary industry has no licensing, registration or regulation. 

I was curious if this should scare be off and if I should maybe think about a different method of investment or if anybody knew if it was possible to find good deals out here in a hot real estate environment?

I'm an architect in RI and MA, so take my advice with a grain of salt & then research your area.Zoning is LOCAL law that applies to property, it regulates the USE of the property (IE: single family, multi-family, commercial, etc) and the DIMENSIONS of the property (IE: how big does the property need to be for a particular use)Every scenario and property are different, but here's a couple of examples:An owner calls me.

Regulations - to what degree does this area allow/not allow vacation rentals?

Identification of property will depend on location, demographics, demand and the regulatory environment you will be facing.

Some states may have regulations on it, so check with your particular lender. 

I wanted to outline that for you to help you understand the current environment of the professional world.

Hi Jody,Typically if there are no localized (county or city) governing rules for a situation, the state regulation applies.

I got one of those loans year ago when regulations are lot looser and there're called "liar loans".