There will likely be local regulations that will dictate the maximum late fee that can be charged.

Coastal NC can be a great market, but it’s important to research local regulations on STRs since some areas have restrictions or require permits.

Local Regulations: How do local landlord-tenant laws, rent control policies, or other regulations affect investment profitability?

I did find verbiage but from another jurisdiction "Unavailable for rent means a unit whose owner has filed with the code official a statement signed under penalty of perjury that such unit is not offered or available for rent as a rental unit and that prior to offering or making the unit available as a rental unit, the owner will apply for a Residential Rental Business License and comply with any applicable administrative regulations adopted pursuant to this chapter...."

Investors can tap into this trend by building modern homes that meet current buyer preferences, offering excellent returns through sales or rentals.Investor-Friendly MarketWith fewer regulations and lower building costs, Florence provides a smooth path for new construction projects.

Along with the lease saying its in a HOA, did you provide them with the HOA rules and regulations.

The final 1031x regulations clarify that nearly all building components identified as five and seven-year property through a cost segregation study are, in fact, real property under Sec. 1031.

Finally, adhere to legal regulations and best practices to protect your investment and reputation.

There are policy and procedures in place.

Leading the charge was the European Union's General Data Protection Regulation (GDPR), which came into effect in May 2018.