Though I think the fundamentals are way stronger than in 05-08 days because of the regulations and underwriting scrutiny, that doesn't mean they are immune to a correction.

IE website craigslist  e mail blast etc.Further it went on in great detail about dealing with those properties in foreclosure.. this new termfor a buyer is  Equity conveyance buyer and there are strict rules with regard to this activity.

@Alan Grobmeier government regulations make building starter homes in many markets not feasible.Take our market in PDX I am building 23 lots right now.. we pave on Monday.44k per lot to develop them  does not include soft cost of 5k a lot for eng. and permits. so say 50k and they are shovel ready... and this does not include the cost of the dirt .... now building permits are 30k per house.. 

They offer essentially 100% financing if your deal qualifies for their very very strict rules.

Keep in mind that each of the three are regulated differently and that contributes to the various programs available by each one.

I don't cold call strictly because I hate doing it and always feel like I'm wasting the owners time.

The two tenants would occupy one bedroom each and share a bathroom.The tenants will be heavily screened and there will be strict house rules to abide by.

Curious if anyone is seeing suburbs of major metro's develop STR regulations anywhere else in the nation?

Now, I bring this up because I I think... again just me and may opinions. is that if the US government were to, instead of stimulating citizens, stimulate business by encourage (force) them to pay employees more and make them report how they are spending the money, and some regulating entity inspect and survey the locations, one you would be creating tons of federal jobs and force income wages in a indirect way up.

@Kelly Beasley just make sure you check the regulations on the Airbnb piece you’re running.