https://rsmus.com/what-we-do/services/tax/federal-tax/irs-issued-proposed-section-1031-regulations-for-like-kind-excha.html

I would call the building dept first... then figure out if you can afford the remodel, and all of the regulations. 

If SFR you have a few regulations to follow but nothing crazy like relocation assistance.

I would not offer them a 12 month lease at all.Check the Attorney General sight for the rules and regulations.

The BO sent me the Virginia Regulations for the Board of Contractors and told me to apply for a contractor's license, but while reading through it I saw that in Section 54.1-1101 it states that the license provisions don't apply in a bunch of scenarios, such as work on primary residence, work on a home that will be gifted to an immediate family member provided they live in the house, and most interestingly 'Any person who performs or supervises the repair or improvement of residential dwelling units owned by him that are subject to the Virginia Residential Landlord and Tenant Act.'

EVERYTHING has a hot tub, and local regulations require the water to be changed between guests.  

For example my property build in 2004, i'm in the middle of Gardners basin and Snug harbor so water on each side of my block and infront of me. my flood insurance is 300$ a year as the house is 5 feet of the ground and in 2004 was built to Fema regulations.

Hey @John Williams, so when you say don't allow short term rentals, do you mean that there are regulations or so you mean that the owners don't rent it out short term?

For the purposes of this Chapter, a petty misdemeanor cannot be grounds for a denial;Any misdemeanor, gross misdemeanor or felony conviction stemming from the following traffic offenses: reckless driving, driving without a license, driving with a suspended or revoked license, and DUI that did not result in additional charges for injury to a person;Any conviction for misdemeanor or gross misdemeanor offenses for i.j.which the dates of sentencing are older than three (3) years;Except as indicated in paragraph (j) below, any criminal conviction for felony offenses for which the dates of sentencing are older than seven (7) years; however, a landlord may deny an applicant who has been convicted of the illegal manufacture or distribution of a controlled substance as defined in section 102 of the Controlled Substances Act (21 U.S.C. 802), or for those same offenses that mandate denial of tenancy in federally assisted housing subject to federal regulations, including but not limited to when any member of the household is subject to a lifetime sex offender registration requirement under a state sex offender registration program.Any criminal conviction for the following felony offenses for which the dates of sentencing are older than ten (10) years: first-degree assault (Minnesota Statutes section 609.221), first-degree arson (Minnesota Statutes section 609.561), or aggravated robbery (Minnesota Statutes section 609.245), first- degree murder (Minnesota Statutes section 609.185), second-degree murder (Minnesota Statutes section 609.19), third-degree murder (Minnesota Statutes 609.195), first-degree manslaughter (Minnesota Statutes 609.20, subds. 1, 2, and 5), kidnapping (Minnesota Statutes section 609.25, subd. 2(2)), or first-degree criminal sexual conduct (Minnesota Statutes section 609.342, subds. 1(b) and (g)). (2) Credit history.(3) Rental history. a.

I know Scottsdale has some regulations and I assume Phoenix would as well.