Treasury, HUD, and market participants/investors will have to carefully navigate many thorny issues, including: - Increased Market Competition: Fannie and Freddie will compete more aggressively for mortgage business, which will lead to innovation but also potentially higher risk-taking.

Would your STR business even exist without Airbnb?  

Personally I think Josh himself is innocent but the company definitely is involved in shady and deceptive business practices.

I'm sure there's other stuff you'll want to factor in - what businesses are moving to and from each areas. 

Is the mid term rental business that you have a 'rental arbitrage' business?

You Can Only Have 35 Non-Accredited InvestorsRule 506(b) allows an unlimited number of accredited investors but restricts you to only 35 non-accredited investors.However, there’s a catch:Non-accredited investors must be financially sophisticated.They must have enough experience to evaluate the investment risks.From the SEC:“Securities may not be sold to more than 35 non-accredited investors… [who] must meet the legal standard of having sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment.”If you’re planning to include non-accredited investors, make sure they qualify—or you could be violating SEC rules.3.

A lot of family businesses cannot stay in business upon parent death due to no longer getting the prop 13 property tax discount.  

The nice thing about the arbitrage business model, is the companies usually pay you a monthly rent, and then they handle all of the AirBNB stuff. 

I have 7 MTR and my income is 1.7x my long-term rates ($1200 vs $2000), but that is very specific to my properties, my location, my business model, etc. 

Oh I agree with you if that rent will be a business income to live on vs just an unrealized gain.