Anyone here have experience with Rent by the Room in CLEVELAND HEIGHTS?

The suburbs of Syracuse also present many opportunities, with most municipalities having lesser restrictions for rental properties.

Hi All,Question for you pros, and maybe I'm thinking too deeply on this, but does Dodd-Frank (or its attendant regulations) set any restrictions on purchasing mortgage notes, or only on loan origination? 

I may have to drive for dollars and scout out my own deal, but the problem with that is all of the stipulations that come with the STR restrictions.

If you see more restrictive measures being enforced on STRs in that area, then it might not be the best long term option for your portfolio.

I set my restrictions for something like inside of my PMS mainly, but I do know PL has the capability as well, even though I don't personally have that exact setting.

It's in an "unincorporated" county so we have no STR restrictions which was a really nice surprise.

Hi Brianna, one thing to be aware of is properties with HOA's there may be rental restrictions.

Condo HOAs can also set restrictions on number of rentals  - many of them don't allow any AirBnbs etc.

I had a potential investor face a similar situation, and I’ve found that there are often more restrictions when investing from a 401k compared to an IRA.