With rent demand being so high, it can be hard to make the numbers work, and it is so easy for property managers to fill units, that there is little justification for taking on the risk of dealing with Airbnb issues.To illustrate, I will give a personal example.

.- Getting under contract and then reducing the price because of findings is common, but major reductions are likely to tick off the seller unless you have strong justification.

@Nathan Gesner My justification for taking the risk is that I have a solid W2 job so I can afford to take a hit for a couple of months for vacancies and maintenance.

And follow up with findings and justification for offer. 

@Jamie ParkerThe only justification for going to 10X is to snap a selfie with Uncle G and post it on Insta to "keep up" with your buddies.

You probably already know in your heart which direction you want to go and may be looking for some justification. 

Fast forward to today and one of those existing STR's has become a nuisance to the neighborhood and so the HOA board is planning to ban all STR's using what they believe are provisions in the CC&Rs to justify it and have consulted an attorney to validate the legal standing on implementing this ban.The CC&Rs were written in 1998 (before STR's was even a thing) and have these sections being cited by a couple members of the board as justification for banning the rentals (note there is not anything explicit about STR's in the documents)Section 1 – Single Family Residential – states in part, “… Lots… shall be used for no purpose other than residential purposes.”

So while the actual ratio might be 1.8 or 2, they will come back with 1.0- no justification, no comps to show. 

You can't reasonably use that as justification to refuse a fair request (I'm not passing judgement on whether the request is fair or not). 5.

The justification for this is to ensure that landlords get their rent from the financial aid received by the students so they cannot go and spend it all, even though most financial aid disbursements don't really get completed until a few weeks into the semester anyhow.