Because two thirds of the buyers are Mexicans, who were much less affected by travel and other restrictions.

Also depending on if you want to stay in Clearwater or not there are also some local restrictions on STR.

As the property is a SFH (Single Family Home) it is exempt from the most restrictive rent control measures in place. 

And there are strict loan covenants  that require doing on going work with Naca  deed restrictions on when you can sell etc etc. 

They have restrictions in place that place limits on days per year, occupancy, etc- but it's still doable (& profitable). 

Lately, I’ve been encountering some challenges with municipalities imposing new rules and restrictions that impact my properties and operations.I’m interested in learning how others have successfully addressed these issues.

A couple of questions, although several have already been answered on this forum...Is it worth shopping around for multiple lenders due to perhaps differing terms on these (rates, restrictions, fees, etc) or are they all generally the same?

In 2022, Khafagi and several other investors filed a suit to impose involuntary bankruptcy on MBD, which was granted in July 2023.

We wanted to start in Anaheim being so close to Disney and LA and Hollywood and all that but there's so many restrictions.

It's in a popular year-round tourist destination with a shortage of hotels and heavy restrictions on STRs.