Austin Business Journal released an article this morning titled "Austin City Council moves to tighten reins on short-term rentals"Political Significance: City council voted to approve an amendment to be drafted to City Code that governs STRs.

Our government is spending more money than it takes in tax revenue.  

Also, you'll want to check with the local regulators about licencing and other requirements 

My hunch is that the article was about some type of government action, IRS or otherwise, that is scaring investors into selling off real estate investments.So my question is, "Are there any recent and notable government actions that would cause real estate investors to panic into selling off their properties?".

You will have to rely on research, word of mouth, gut instinct and the opinions of any professionals you hire.Understanding the laws and regulations regarding property ownership and property taxes in your target area is another challenge.

The mortgage is secured—or collateralized—by the house, the buyer’s name goes on the title and the mortgage is recorded with the local government.2.

These can include unexpected expenses, such as repairs or maintenance costs, as well as changes in market conditions or regulations that could affect the demand for rentals in the area.Overall, it's a good idea to thoroughly research and evaluate any potential investment before making a decision.

.- Participate in areas of the U.S. federal tax code that are considerably more favorable than the ones I’ve been governed by to this point as a W2 employee.- Network with like-minded investors and learn something new that stimulates a part of my brain that I don’t often use at my day job.- Make a positive impact on my local community.Thanks to the BiggerPockets community for the great information and support!

Renting out the house as is: Depending on the condition of the house, you may be able to rent it out to tenants as is, although it may not be worth as much as a fully renovated property.It's important to consider the local market and the zoning regulations in the area before making a decision about how to monetize the land.

It took that long because there was a myriad of new regulations from Gatlinburg and Pigeon Forge, and the local authorities were trying to figure out how to implement it all.