Quote from @Ravi Ramu: Hello Everyone,I'm hoping to get some advice on obtaining a short-term rental (STR) permit in Tobyhanna Township.

Hello Everyone,I currently manage a highly successful short-term rental arbitrage in Houston, boasting over 170 reservations in the last three years.

Now that they are growing again, affordable supply (in terms of single family homes) can no longer be added due to labor and material costs.

I just can't expand further than the 10 lots that are currently there. 2 TOH ($400/month, includes water/lot rent)2 POH (vacant)6 vacant lotsHouse is currently used a long term rental. $1200 per month.

For me it is about long term planning and I am fine with slow and steady of buy and hold. 

7 land flips, 2 purchases for long term rentals and 2 wholesale deal closed.

You could also lock yourself up into a contract that is not in your favor for too long and miss out on other opportunities. 

I mean I guess as long its all legal I guess it could work. 

Also, ensure that they are in compliance with lease terms, i.e. if they have pets, is this allowed?

Building can be a long process depending on the state and county you're in.