Hi David,Ludlow looks to use residential and non-residential: located on right side of this page are the rates: Listers & Assessor - Town & Village of Ludlow, VT Here is the treasurers office info for Dover, they should be able to give you the millage rates you are looking for: Treasurer/Finance Officer/Delinquent Tax Collector | Dover VermontHere is the state of VT definition for homestead and non homestead:Homestead Declaration | Department of Taxes (vermont.gov) 

Depending on the extent of the damage the City/Village might condemn the property and force you to tear it down if you let it sit to long.

Chicago for sure has all 4 seasons, but the winter helps us appreciate summer more lolI don't know zip codes off the top of my head, but some of the prime neighborhoods are Lincoln Park, Gold Coast, Old Town, Lake View, Roscoe Village, Wicker Park, Bucktown.Hope that helps...if you want to link up and talk more let me know.

However, there are some challenges to keep in mind:Regulatory Variations: Regulations can vary widely between locations and are constantly evolving.Active Management: STRs require more hands-on management for guest turnover and communication.Additional Costs: Don’t forget about expenses for furnishings, cleaning, and possibly hiring a property manager.If you’re looking for STR-friendly areas, consider these locations, as others can be too expensive to consider, such as Snowmass Village or Aspen:Breckenridge: The most visited ski resort in North America, attracting around 3 million tourists each year.Steamboat Springs: A popular year-round destination for winter sports and summer activities.Keystone: Great for those wanting a less crowded resort experience.Divide & Florissant: Charming mountain towns close to Colorado Springs.Fairplay: Just 30 minutes south of Breckenridge, with an impressive 82% Airbnb occupancy rate.Cripple Creek: A former mining town now known for casinos and outdoor activities.Park County: Very Airbnb-friendly, though regulations may change.Here are some strategies to help you succeed in the STR market:Hybrid Model: Consider using some units for STRs and others for long-term rentals to balance income.Research Local Regulations: Always check the current rules in your target areas before investing.Year-Round Appeal: Focus on locations that attract visitors in all seasons.Quality Furnishings: Invest in quality to justify higher nightly rates and attract better guests.Dynamic Pricing: Use pricing strategies to maximize revenue during peak seasons while maintaining occupancy in the off-season.Stay Flexible: Be ready to adapt your strategy as the market and regulations change.While Colorado’s STR market offers exciting opportunities, it’s essential to approach it strategically.

The village, on the other hand, is totally destroyed.

Good question, i'm not sure how the HOA will manage STR.The Villages is building a new community center & hospital 4 miles away, so there may be a market for it.

Where I live in Incline Village new builds are 1500/sqft and that doesn't include the engineering and architect costs.

This particular parcel, which had once been part of a small village from a few centuries back, had also become the area where we stockpiled fill from the other projects. 

The other "economical" areas are going to be more management heavy (think cheaper houses that are expensive in the long run) and the A/A+ neighborhoods will be very difficult to get cash flow (think Elmwood Village or Hertel Ave duplexes that are $350-400K but gross $3600/mo on the top end). 

After speaking with a few friends and realtors, I've been advised that the West End, East Atlanta Village, and East Lake areas hold great potential, particularly for higher rents and positive cash flow (>$2,800+).