I wish all the STR owners luck.

Property owners can apply for an STR permit now, before the effective date of the new plan, and can operate thereafter (i.e., be grandfathered).

They were referrals and the business started to grow simply because I had a competent team that was responsive and looked out for the owners' best interests.

Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.

They get a higher return since they are covering housing cost, have the $250k per spouse primary residence deduction in gains, is a savings account, higher leverage position, lower interest rate possible, will pay more premium for location, etc.House might be overpriced for REITs but not for home owners.  

It's not as simple as homes that were burned being rebuilt and original owners returning to them.

Funny, my state looks at all of the states taking property rights away from owners and then passes laws that do the exact opposite- it's a great marketing strategy.

YOU ARE A PROPERTY OWNER!

The previous owner claims they never had the titles to these trailers, so that is not option. 

Know this first:  the #1 reason that landlords fail is their failure to manage to the lease (American Apartment Owners' Assn).