That helps some...but your variable expenses also go up too - property insurance & taxes - so a lot of your rent increases go to offset rising variable expenses.I started at the age of 47 in 2018 and we bought properties fast and furious - 12 the first year, 10 the next, and 9 in 2021 and currently have 38 properties. 

Super interesting! 

But 1) you're likely grandfathered in if they ever do, and 2) there are no talks or indications of changing directions on their stance. 3) long term rentals don't cashflow here, but our appreciation is super high.

Thank you for your reply.

im looking to get into a house hack in either there or venice, or even palmetto, still just looking but would like to be educated when i do decide to make the move, any tips are appreciated, also if you need any help let me know!

Thanks for your reply Bill.

I’m definitely working on all of the above—just trying to fast-track things a bit to keep the momentum going.

Replying to this thread that’s 6 years old to see if anyone has seen an update in the law? 

Any tips on finding reliable professionals in my area?

The "fast turn" metric would suggest that is a hot property.