Please keep all replies related to the Real Estate aspect of the proposed regulations. 

One of the regulations of a 515 is if it’s for profit you have to operate in a “limited profit basis”.

Just note that Scranton itself has more regulations to deal with and the taxes are higher (both property tax and also realty transfer tax). 

@Keith Ravenel  We don't like to deal with HOAs either, regulations can be flippant.

And you might want to check with a regular real estate (not necessarily eviction specialist) attorney to make sure that your activities and approach are generally complying with the law, e.g. the RI Mortgage Foreclosure Consultant Regulation.

There are very clear cut definitions provided in the code and regulation on each of these, but the simple examples above are a good way to think of it.

But if that just is not in the cards, then you need to figure out first what (if/any) STR regulations come into play as you go to that size, as some areas would end up classifying that as commercial in nature and you might have other things to manage with respect to that. 

Did regulations change?

La Quinta just put a 90 day moratorium on new STR permits, so expect some tightening of regulations.

Any restrictions regulations?