Excessive complaints or three violations in three years could lead to losing the ability to operate​.Impact on Neighborhoods: Non-owner-occupied STRs (Type 2) may cause friction in residential neighborhoods, as they often function like businesses, which can disrupt the local community atmosphere.Recent Regulations (2024 Updates):1) STR operators must obtain a permit for either Type 1 or Type 2 properties, depending on whether the owner lives on-site.2) Platforms like Airbnb are required to remove any listings that lack a valid permit.3) New noise and occupancy regulations apply, with stricter enforcement through permit revocations and finesThese regulations are part of the city's efforts to balance the benefits of STRs with the preservation of neighborhood quality and local safety standards.4o

The property in combination with the local market has resulted in a very large # of applicants having section 8 subsidies.My company has only had a handful of section 8 tenants apply in the past but have never had any that ended up leasing from us.I'm looking for advice as to what questions should we be asking of section 8 tenants?

Understand the concept of a motivated seller, and apply this insight to your interactions and content.When you do this, you won’t have to worry about finding cash buyers—they’ll find you.

If the IRR is not greater than 20-25%, which applies to most of the above models over the long-term, are you better off investing in a syndication which is much more passive than buying and managing a portfolio of SFRs?

If you read the actual eviction moratorium order, it requires the tenant to demonstrate loss of income and that they've applied for assistance.

Each day that a violation continues, shall constitute a separate and distinct offense, to which a separate fine shall apply.

Question for those of you who have invested in DSTs, and then later applied for a mortgage:The mortgage lenders we've tried to work with don't seem to understand DSTs, which creates headaches trying to get a mortgage done. 

Same logic can be applied to anyone impacted by the recent hurricanes.So what is the risk?

@Beruk LessaneworkRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

However, you can't apply any of these restrictions for assistance animals like a guide dog or an emotional support animal.