Greatest con is the very pro-tenant regulations that translate to risk that do not justify the cap rates for my preference.

But there are builders who do low quality builds with government subidy bought lands in large scale.

Renters are NOT eligible if they live in public housing or receive other government rental assistance (Section 8/Housing Choice Vouchers, etc.)Cheers, Yuriy 

Reason for it is so the government can say money grew, even if only marginally to match inflation.

@Vladimir MassillonThanks everyone for the feedback.While I understand landlord needs to tread carefully increasing rents but I would like to know if any of the state governments are limiting landlords from increasing rents?

You can't really go after the selling realtor or the government seller over an unexpected issue on a foreclosure, the contracts you sign are completely one-sided in their favor.

News for FLorida STR owners: “The lawsuit “seeks to protect and vindicate fundamental liberties that citizens of the United States enjoy free from government interference” and asks a federal judge to issue a temporary restraining order or injunction prohibiting enforcement of the governor’s order.DeSantis issued a March 27 executive order that blocked people from renting vacation properties during the public health emergency, but he allowed hotels, motels, inns, resorts and time-share facilities to stay open.DeSantis said the vacation-rental ban was necessary to discourage people from other states, such as COVID-19 “hotspots” Louisiana and New York, from traveling to the Sunshine State and spreading the highly contagious disease.

All on the Outer Banks of North Carolina which is a great regional drive to destination with a long established history of short term rentals as tourism is our main income producer for our communities with “relaxed “ STR rules and regulations.

Another example of government control over private  industry!

Higher credit score and a mostly secure government position that meets the income requirements on one income.