My thought is to Open the LLC in a different state with lower costs and fewer regulations and relying on the insurance for protection (for any case, even if eventually ill decide to bring tenants into the property).I’d love to hear your thoughts on this.Thanks!

To make an informed decision, consider these essential steps:Seek out a Certified Cost Segregation ProfessionalConsider their experience with tangible property regulations.

Sarasota County has enacted regulations on STR so I have friends dumping those (you can do 30-day stay) and repurposing the money.

That is a good quote price-wise with the cost of equipment. in January New regulations will kick in.

Hi Jason, Be sure to look into Lake Geneva's STR regulations.

Increased regulations lead to lower housing supply.

Study the state landlord tenant regulations and see what options you have.

You can increase income by short-term rentals depending on the regulations and profitability of the area.My wife and I renovated our duplex to make it more appealing to short term renters.

Where are the laws that regulate illegal activities in this industry.

The problem is with the high building regulations and high cost of construction, it is mathematically impossible to build "affordable" housing.