I tried to fight the proposed bill, but it got passed.

I would be inclined to bundle the rents and allow them to sublet it with you getting final veto rights on any proposed tenant.

Looking for clarification regarding the change to the Florida State law moving through the legislature preempting STR regulation from city and county governments. Specifically trying to understand the impact on Single...

They usually have regulations on the # of dwellings per acre and I’d hate for you to spend money designing bringing utilities to the site only to be in a city council meeting where the local neighbors shut down the proposed development. 

Sellers, in light of this new proposed ruling, will have a knee jerk reaction, but in time they will themselves see the importance of having to compensate for greater buyer attention.We came out of a white flame hot covid market where commissions were flying, sellers were getting paid, and buyers were getting smoked if they couldn't bring 100K above ask. 

Your suggestion does not provide any greater protection than the proposed transaction.

Our company is very much involved with the MD investor market from Baltimore to DC suburbs to the Eastern Shore, so anybody looking to talk contracts/terms, networking, JVing with other investors, and now it sounds like more attempted anti-investor legislation... feel free to connect.

Doing it the way you have it proposed will be a monumental time suck and not worth it.

Myself and a partner have a potential opportunity for a spec build, and I am trying to run numbers for the proposal.

My only concern is single-family rents could be flat for a few years due to the big run-up we've had in the past few years.In general, I like your proposed strategy.