Quote:
Originally Posted by HIgolfers
We were visiting open houses today in Middleton and overheard TV realtor ( or whatever proper term is, RE professional, sales agent, etc) telling a young couple who asked about short term rentals in the area that minimum rental period was one year and that buyer could only purchase one house. So a real estate invested could not buy a bunch of houses and rent them out.
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I've been told, that some of the homes in the new Southern areas have been marketed and sold, with the caveat that the owner can't sell for a year, can't buy more than 1 home and can't use the home as an STR. I don't really have any first hand knowledge, just relating what I've heard and seen posted.