[dillywho]

Originally Posted by mulligan

I have seen ads for weekly rentals in TV. Now I notice an inquiry about purchase by multiple families, and purchase by a LLC. I believe that if we don't get a grip on these issues, we will have properties occupied by people that don't have a vested interest in our community, don't stay long enough to learn the local "rules", and won't make any attempt to educate themselves prior to signing a lease. I don't know if sales can be somehow restricted, and the duration of rentals regulated, but IMHO, the time has come to find out. I don't believe sales to any entity other than a real person should be allowed (not trusts, or corporations), and rentals should be at least 90 days (the longer the better). I do not mean to cast aspersions in all renters, but as we all have seen, 1 rotten apple can create a barrel full.

There are many reasons for short-term rentals. We own our home here and live here year-round. I rented a house on my block for my two sons and their wives for Thanksgiving (Wed - Sun). My grandson and his wife, baby, and dog will stay in our house with us. I am on the rental agreement and they have already paid me the full rental price. They will be my guests the same as they always are when they visit individually.

When we came here in Feb. 2004, people were buying multiple houses and reselling (flipping). The Developer then stepped in and put in the requirement that if you buy a house, you must live in it a minimum time (year, I think). Can't fault the Developer for protecting his own interests. After all, that's why he does what he does. He made all the initial investment, taking all the risks.