A general rule of thumb though (not a hard rule) is that if a market has a prolonged history of vacation rentals such as towns whose commerce is very dependent on tourism like beach or mountain towns, then there is a good chance than those towns have established their airBNB regulations decades ago and are likely stable.

@Ahshar SylvestreIt really depends on the violation and extent of the violation.

Hey Randall,Your question totally depends on your goals and situation but rarely is it best to lose $200 a month. 

The one following may be a profit split with some leverage, depending where the market is and our goals for that fund. 

This way I get paid upfront for my work 1-2k plus I know I have another payday at some point in the future if the deal closes.The costs to fully develop a property and sell for near retail usually involves the costs below and takes 2-6 months or more in some cases, but the profits can be huge if you're working in markets where land costs are high:Title 200-400Legal 500-2000 depending on zoning issuesIf wetlands are present AND its a buffer zone project: 2000-5000Perc & septic design if needed 1500-3000Treescaping & cleanup for retail sale 500-1500Selling costs of 6%I tend to stay clear of properties that need more than the above expense items.  

The right investment strategy depends on your risk tolerance and available time, especially when partnering with family.

Also, you will have additional occupancy tax depending whether you are in the city limits or not.

He has paid dependably, but last night he read my message and has not responded to the renewal.

I only allow tenants to pay on the 1st of the month but I would consider alternate payment schedules dependent on the situation and tenant if they asked.

It would depend on my entire experience with them.