Quote:
Originally Posted by Papa_lecki
I would be worried that any local government at any time can ban short term rentals. It can happen in any of the cities TV is in, i.e. Leesburg.
It can happen on a whim. Coronado, California banned STR and the enforcement is tough. In TV, you know neighbors will report STR if they are banned.
So be prepared to support the property without rentals.
If you think it can’t happen or won’t happen? All it takes is one election.
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Or a couple nice hotel chains who scatter cash. Wildwood is building a pickleball court with a nice 120 room luxury hotel. The pickleball court is on four acres are part of an 18-acre project expected to include a 120-room hotel, 70 pickleball courts, 21,250 square feet of retail space, 10,000 square feet of restaurant space and 5,000 square feet of office space. It’s located directly behind the Village of Lake Deaton near the Baker House.