Compliance is typically black and white regulation (and then gray once attorneys are involved).

Then it will be easier to use a new FHA.Although, I would recommend using a low downpayment conventional loan in this competitive market that we are experiencing it will be easier to win offers with conventional loans they have less regulations than FHA.  

It's another tool for the toolbox.Definitely look into the regulations in Redding as others have mentioned, but if your fall-back is a LTR that still performs well, an STR is a no-brainer to me.Good luck!

Does each state have its own guidelines or are the regulations federal?

Learning there is a lot of grey area with STR's and people doing things that are against the regulations but not having issues.

What may have happened with the up and down was the city and states adjusting to local regulations and ordinances.

It is why for a long time all or our acquisitions had a value add.Poor initial cash flow.Tenant friendly regulations. 

How do you determine zoning regulations on a piece of land? 

Drug dealer seems to be the only option currently available since recreational marijuana in not legal and even medical is severely regulated 

Although the city tells me they only enforce the regulation when they receive a complaint, it's still a consideration that leaves some local house hackers thinking twice, or looking at buying in surrounding cities, such as Aurora, where the maximum number of unrelated adults is four.Tonight, that may all change.