Owners and Agents of Owners (Property Managers) can also be subject to penalties under the Massachusetts Consumer Protection Act which provides for triple damages.

I'm curious as to what's so time consuming with operating a STR?

It may be time consuming, but you should be covered.

You still pay for utilities, consumables, cleaning, landscaping, maintenance, but the co-host will coordinate these activities and manage guest communications. 

I personally wouldn't flip because it is time consuming and a lot of work, I like having more hands off along with passive income.

Others tell me that they don't worry about them because the current administration is trying to shut the CFPB (Consumer Finance Protection Bureau) down.

You can look them up with the NMLS Consumer website that you can find HERE .  

You can look them up with the NMLS Consumer website that you can find HERE .

The bill will likely require wholesalers to need a real estate broker’s license and be subject to consumer protect provisions.Some people believe that wholesalers are acting as brokers in a deal without being licensed and therefore are doing an illegal activity.

https://ag.ny.gov/consumer-fra...2.