Its hotel law not landlord law. 

We do a new FULL lease every time because laws change, terms adjust, and it's negligent to do anything less.

You need to research/know the rules, laws and regulations (including HOA if applicable), like you'd do in any US city.

What's really the practical situation.** Strictly restricting this for when doing comps between properties in the same sub-division **

It is just laughable when places have regulations like a homeowner can only have a certain number of STR listings by the law but these big name companies suddenly start with 20 units in the first month.

These additions are a practical way to maximize returns without acquiring new properties.Vacation Rentals: An oversupply has shifted many owners from short-term to long-term rental strategies.

While it's something I think is not taken seriously enough by society and the law, it's just far to common amongst all classes of people.

Practice your pitch!

Best part is NJ is not what its made out to be in terms of landlord friendly, the state gets portrayed as the entire state being bad when really most wacky laws are in the major cities and they apply to 5 units or more.  2-4 unit multi families fly below radar per say. 

My family is in SoCal and my in-laws are in KC.