As we continue in the pandemic, you risk legislation changing that is outside of your control With rules and regulations, it already will take time to give proper notice and move the tenants out, even if you start from day 1.

LA County is very, very likely to increase taxes and regulation.

This is one of the best investment cities in the country in my humble opinion and the lawmakers need to hear from the people doing this day in and day out to keep it that way.Cheers,  How do they plan on regulating this?

I hope all LL in Portland (and similar in other jurisdictions were regulations have impacted the risk or return including where my rentals are located) realize how these types of policies, even if short term, affect the return and add risk. 

Where do you guys go to find stuff like a city or county’s rent control, utility costs, etc. etc. when checking out cities, counties, or MSAs to invest in?Like is there a special section or search you use to kind of g...

@Kettly Soivilien the biggest thing would be finding out what rules and regulations the HOA has in regards to short/long term rentals.

I would recommend narrowing based on location, price, and rental market potential, then by restrictions/ordinances.For example, Indian River Shores (beachside in Vero Beach) requires that residents who rent out their homes through websites such as Airbnb and HomeAway to have a town license; meet fire and safety codes; pass a building inspection; and conform to town regulations for parking and noise. 

The building's by-laws do not have any regulations about smoking.  

Wholesaling sits "outside" of the regulated arena, sort of. 

Because there's a thin line between you and Paine Inc. and a lot of opportunity for mischief, the IRS scrutinizes this structure very closely and has strict regulations on how they are ran.