A heavily regulated market.

If you are in a metro area, I would always make sure it works as a LTR as a worst case scenario that regulation shifts.

New airbnb regulations obviously, but anything else? 

Personal residences or properties primarily held for personal use typically don't qualify for a 1031 exchange.Understanding state-specific regulations for like-kind exchanges is crucial.

Lastly, don't overlook any local regulations or HOA restrictions if any.

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? 

Congratulations on your inaugural post – it's like your first step on the moon, but with less risk of tripping over a rock and more about not tripping over real estate regulations.

(If your project is primarily housing or incorporates housing specific funding sources, you will need to apply through the Department of Housing rather than through this program.)The funding sources that a project can receive include the Chicago Recovery Plan (CRP), Housing and Economic Development Bond (HED), Neighborhood Opportunity Fund (NOF), and Tax Increment Financing (TIF) which have all been combined into a single, streamlined grant program with unified rules and regulations.

(Or I missed it, answer is the same either way.)Please make sure you know the security deposit laws/regulations for your market inside out.

Nashville should certainly be there - regs (but well regulated, predictable) and is the favorite trip for pretty much all SEC Schools (best city by far in SEC, drivable distance, Vanderbilt sells out typically >2/3 of the stadium to opposing fans, etc.)