Virginia Beach is putting some very strict guidelines on short term rentals and it looks like they will pass a law that only allows them in the overlay district.

I see that one of the Wheat Ridge districts has a waitlist for new STRs.

They have been talking about changing the laws with the overlay districts in certain parts of VB where you wouldn't need the CUP.

The only area that is still allowing STRs as investment properties in Wheat Ridge is "district III".

Unless you're planning on a very low-effort protest, you can expect to spend hours digging up your evidence, analyzing the district's evidence, preparing an argument, and waiting in the lobby.

I currently only own a quadplex in the East End historical district but am seeking to aquire more similar properties.

Things like the new Carmentown innovation district and the commercial-to-residential conversions happening downtown are going to attract a lot of high income people to select areas and bring up a lot of population, job, and RE value numbers.

A strategy you can explore would be professional short term - more than 30 days - rentals to faculty of the University or professional in the area there for work looking for furnished units. 

That was because the zoning resolution at issue was written to state the permissible uses in a particular zoning district, and STRs were not one of those permissible uses.

Both are listed on the lease agreement, both are employed with the local school district with steady, long term jobs.