If it ain't broke, don't fix it. Many folk would not own houses if they could not rent them. Doesn't everyone have a revokable trust? (mild joke) but a lot do and everything we own is in the trust for legal reasons. LLC's are often just peoples small businesses and they but thru them for various reasons. Every snowbird helps carry your freight on amenities and taxes without being here and enjoying their property full time, same can be said for their renters. My mother had a place that had all those rules, couldn't rent out at all there etc. I was once thriving and now is dead. Folks who couldn't come full time and couldn't rent left. My mother died and i sold the property, January 2014, for half what she bought it for in 1996. I am just one vote but I think the Villages works pretty well under the current rules, maybe if someone wants to show me some examples of problems?..Otherwise I am suspicious of anyone who wants lots of controls when i can see no problem.
|