How local governments regulate STRs will determine a lot about the area.

While the bank may have facilitated the transfer without issue, updating the title is still important for legal and liability reasons, particularly for tax and asset protection purposes associated with LLC ownership.The title company has indicated they can handle the title change process, which typically involves filing paperwork with the appropriate local government office, such as the county recorder or registrar of deeds.

Hi Eli, A few different ways: 1) You can ask your realtor to put you on a drip campaign for any assumable loans in the areas you desire. 2) If you are looking at something off-market you can ask your realtor to work with their title company of choice to pull lists of all government loans, in whatever areas you are looking for.

But in the right areas if you have one or two good STRs it's better than a government pension.

The third zone is one that is highly regulated, perhaps taxed at a higher rate, but has an established process for STR's and the risk of changes in the laws regarding airbnb or other OTA's is relatively low, simply because those conversations have already happened and the local government has decided that they are going to allow them in the area and have an established process for permitting, etc.

And both have county governments that are elected mostly by population centers that are pretty far away — Reno for Washoe County and Sacramento suburbs for Placer County.  

Yes, Don, of course taxes are taxes, and they are as unavoidable as death and dumb real estate policy decisions by our local socialist-leaning government. 

It seems it was a temporary government sponsored play to help move Department of Veteran Affairs owned foreclosures off the books when there was a glut of them.  

All my rentals are in Kansas in a city that David Greene like to pick on as his Midwest scapegoat (although his criticism isn't totally unfounded, a company there did just land an over $1 Billion government contract so I am happy with my city choice).

We are part of a group that has a structure and rules governing syndications within the group.