If you start communicating before things get all legal, then that shows everyone in the neighborhood that you are willing to work within the regs and with the neighbors in order to fix issues.If you aren't the problem, things are smooth with your STR, then you want to convince them that they should let things continue and penalize the problem properties and not yours.My 2 cents as per usual.

I have an opportunity to buy a property in tennessee that has 25 self storage units AND allows for 25 more to be built. 

If you were forced to sell this property a year from now 100% renovated is the most likely buyer another investor?

This defined rental income as passive income and no longer allowed rental property losses to offset active income.

In this specific case, as several pointed out, the risk has gone up and so the price should go down.BUT, there is so much more to consider.1) How long has the seller owner the property?

Smart move leveraging hard and private money for flexibility, and congrats on the above-listing price escrow—shows strong demand for a well-renovated property!

It's all about timing and the ability to finance the property.

If you're into turnkey properties or value-add deals, take a bit of time to get familiar with the current market, especially if it's been a while since you've looked into it. 

These factors typically indicate strong rental demand and potential for property value increases.

I am currently under contract for a property near the hospital in Clark Fulton, I read some forums saying it is a D/F neighborhood, is that still the case today?