5) What, if any, ordinances are being considered (or have passed) regulating STRs?

Assuming regulations allow it in both areas, I'd go beach.

Now the real question after saying that is "when is the down turn"All down turns where right after a false flourishing economy (aka the correction), always when governments play God to manipulate the natural economy, always always it will get things jacked up.

As with any government-backed loan, FHA also requires the borrowers to occupy the property.

As far as filling out the government issued form......

Once confirmation is received in writing, start the process of transferring everything over to the new property manager.if your current manager refuses to let you out of the contract, contact the governing state board and inquire about filing he complained.

The governments there must not want their citizenry to prosper!

This way you know an inspection is being done.Credit Check / Background Report:  Due to FCRA regulations, PM's are not allowed to share those documents with you. 

If your Ad has anything to do with real estate it falls into a whole new set of laws and regulations.

I seem to recall that in Germany most apartments are owned by the government and the federal government sets the rent.