A lot of cities in the OC don't allow STRs and the ones that do may restrict them in the near future.

HI Michael, I'm a huge fan of all things Colorado but I've heard STR restrictions have been tightening..AirDNA and local PM would be a good projection and analysis resource.

Purchase price: $49,000 Cash invested: $3,000 We purchased 5 acres with no deed restrictions or HOA and continue to build out rentals/lots on the property.

Investors/lenders can have overlays that are more restrictive, but generally can't waive this.

Some areas have conservation easements , you may cut a deal with the local government where if you put a restriction on the property to let it go natural they may pay you . 

Ultimately it is the owner's (your) responsibility to discover all this kind of stuff and make all the calls to the city/county, checking on any restrictions in place.

Unfortunately, Marriott generally restricts franchisees from incorporating other businesses into their interstate properties, although they do allow for more creative designs in urban markets.According to the STR report I commissioned for the five closest competing properties, their occupancy rates were 73% in 2022 and 75% in 2023.

Any opportunity is too good for the law abiding citizen, unless he can bring to table millions of dollars , spend 60 hours on some BS course to acquire a license, to have every breath and sigh controlled, regulated, restricted, obstructed and sabotaged.

I would first confirm that your HOA allows rentals, specifically the terms that they allow, or any other rental restrictions that may need to be followed.

. § 227SEC. 227. [47 U.S.C. 227] RESTRICTIONS ON THE USE OF TELEPHONE EQUIPMENThttps://www.fcc.gov/sites/default/files/tcpa-rules.pdf