To my knowledge they don't have any codes prohibiting STR's on the books *yet*, but it's a marked possibility that they will attempt to ban or regulate them in the not-so-distant future.So my question to for y'all is this: Is the fact that the political future of STR's in Fort Worth is uncertain reason enough to move to other markets, or is it a golden opportunity to get in before the door is slammed shut and have less competition down the road?

On the legislative front the Senate sent it's non-binding version on the tax bill to the House several weeks ago. 

First, refi cash out maybe 70% LTV, which is tax free and avoids the Federal capital gains tax  which is under consideration to increase until legislation under consideration. 

I am looking to see if there is a map of places that are more friendly or less friendly towards short term rentals. The Airbnb site used to have one apparently but I have been unable to find it. TIA for any help with ...

I question to you would then be do you think your efforts are best spent filing the police report and chasing the tenant or possible spending it speaking with your local and state legislators explaing your situation and helping them to understand the impact of the things they vote on. 

Do you foresee any legislation coming that would prevent STRs in the area?

The only way I know of is through a qualified opportunity zone fund- although that tax deferral expires in 2027 - unless future legislation extends it.

Basically the more LLs do stunts like the above the sooner legislation will be enacted to corral such activity.

Thus, there is a chance that you buy a property which require "uncertain" capex closely after buying the property which might have negative impact on the investment.

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