I’m trying to start a non-owner occupied STR business through AirBNB (rental arbitrage, no mortgages) but it seems like regulations and ordinances are popping up all over the US day-by-day.
What’s your best advice in terms of choosing a city to start a business like this?
I’d love an online repository with current regulations across the country, but I can’t find anything. I have no problem scouting out the individual cities I’m eyeballing and seeing what their stance is on their websites, but (1) some are very unclear and (2) I’m afraid to invest in a city that may put laws in place shortly after, stopping my strategy in its tracks (e.g.: anyone who invested in Nashville 1-2 years ago).