The vehicle piece of it is also critical as even in areas in Fort Collins where you can apply for an over occupancy waiver you have to provide 0,75 parking spots per tenant that are off the street.I also jump on your question of can I "proceed without concern." 

I appreciate all the difference of opinions on this thread and again kudos for all the constructive criticism and how professionally everyone is receiving it!

It's investors who don't care who think any kind of criticism is trolling who give STRs a bad reputation--and they have a terrible reputation in many areas of the world.

Having a good relationship with any close neighbors is pretty critical in operating an STR successfully.

One critical element is understanding the human factor.

A JV and an operating agreement really aren't all that dissimilar. 

So the new/updated roadworks are becoming an ever critical focus for a city that may have outpaced development with growth.

Documentation and consistency is critical.

They both may be viable alternatives for a buyer in that market area, hence they may both be comps.So, the appraiser may've used more similar comps in different zip codes, then dissimilar comps from the same zip code, but they may all be in the same market area.And if you are saying the same subdivision has properties in different zip codes, then it may well be that the comps in the same subdivision are more comparable than the comps in a different subdivision, irrespective of their zip codes.

Some examples include: 1 The Economic Development Incentive Program: This grant program provides financial incentives to businesses that create new jobs, increase capital investment, and/or develop new facilities in the city. 2 The Downtown Improvement Grant: This grant program provides financial assistance to property owners and businesses in the Downtown Redevelopment Area for eligible capital improvements to their buildings or storefronts. 3 The Community Redevelopment Area Grant: This program provides funding to businesses and property owners within designated Community Redevelopment Areas to make eligible capital improvements to their properties. 4 The Beach Renourishment Grant: This grant program provides funding to help restore and maintain the city's beaches, which are a critical component of the local tourism economy.These grant programs can help businesses and property owners in Panama City Beach access the funding they need to invest in their properties, create jobs, and contribute to the local economy.