I also don’t think the developer has a vested interest in STR’s. They may initially sell some extra homes but at some point the hassles and resident concerns may not help future full time residents and snow bird residents want to buy new homes here. Another factor is the possibility of STR’s becoming a glut on the market and the investment income could fall low enough to motivate investors to sell their houses. Also if the market gets saturated and the investors all start to unload these assets the overall housing market could be depressed. This would depress new home sale prices as well and cost the developer money. It is possible that increased sales of homes for investment could destabilize the housing market.

I view STRs much like I view STDs. I don't want them near me!

///

Apparently, TV has a very high percentage of both! :1rotfl::1rotfl::1rotfl:

Bingo!

Not sure how FL DBPR requires business licenses for some STR's (as in the ones being rented out for less than 30 days more than 3 times a year) and NOT required for STRs consisting of rooms rented out WHILE property is owner occupied, relative to: cooking, sleeping, cleaning. The FL DBPR keeping these activities in mind would disqualify an ABnB as a business???

Words matter lol...

In that case the determination would revert to... who is cooking, sleeping there and cleaning etc, for how long, with owner there too or not and did $$ change hands for the right to cook, clean and sleep there, as well as was the place frequently advertised as a place that can be used to cook, clean and sleep for less than 30 days etc.?

Lol all considerations for the FL DBPR to determine if a license is needed or not?

It does not take much to read various VILLA restrictions and the FL DBPR website to see the "words" that matter.

Nevertheless, T V could care less about STRs.

No sense wasting seconds...

Simple Simon was a pie man...

The other side...
 

There are always two sides to a story. Just started my 3rd rental period in 3 years, been in TV for not even two days and already hearing the sad stories of snowbird / renter complaints. I ignore them simply because in most cases the people who complain the most are worse than the people they are complaining about. Example, last year I rented a home instead of a Villa, the neighbor to the right a 12-year FT owner (I know since they told me on the first day I rented) had a nasty habit of dumping their garbage out the side door before walking it over to the garbage cans on the other side of the garage. On some days he would forget and the next day the garbage was spread out due to an animal searching for food.

After about a week of this I had to say something, I did not want to confront the neighbor directly, so I sent an email to the owner with some pictures. She notified the management company which then notified whomever in TV is responsible for HOA code enforcement. Obviously, nothing happened, and I ended up picking up whatever garbage that drifted over to my side, this went on for the ENTIRE 6 months that I rented.

When it came to who is responsible, the owner pointed their finger at the Management company, who responded with “not responsible for homes they do not manage” and then pointed to TV for non-enforcement of current HOA rules. So, stop complaining about renters not following HOA rules, direct your dissatisfaction to the people YOU PAY, the HOA that is not enforcing its own rules.

WELL….with 217 posts in response to this I guess the management (developer$ has a good handle in the mood of the community regarding this subject. This is a great arena for the developer to get feedback on many areas. Wonder if any original posts are feed onto the mix just to get reactions!?

Since TV does not care about STRs now, how can they care less in the future?

Yeah, they sure do, especially if someone is trying to express a coherent thought.

Can we have a golf cart protest?

We have the occasional either really unobservant or very low IQ, renters on my street, who put out garbage on non garbage days over and over again, ignoring the regular dump created by the animals and birds the next day. I can only assume the renters actually live in a dump where they live regularly. I just spray their bags with Lysol or other fragrant spray. Keeps animals away.

Even larger houses near town squares are being bought up as rentals but in general, patio villas have the most rentals.

Market bottoming out, or is the AB&B just turning people off ?
 

Lots of luck. We pretty much invested our life savings into a designer home in what we were told was an "desirable" village near the "new" Lake Sumter Landing "town"(nearly 18 years later not sure what "desirable" even meant, should have asked more questions. Now on a street with 8 large (by Florida standards since all are only one story) "designer" homes, there are only 2 of us full time residents, 2 "snowbird" owners, and the remaining 4 homes are Air B&B's that at times have as many as five vehicles parked with 2 or 3 on the drives and 2 to 3 on the street. It's maddening. If we, or the other full time residents try to introduce ourselves, there is little reciprocation or retention or interest in knowing our names; and why should they care or want to known anyone anyway ? We are so very thankful that at least this constant "in and out" seems to quiet down by 10 to 11 p.m. One blessing in all the disappointment. Now, on the next street over, no less than three (3) large designer homes went up for sale. One couple moved to St. Augustine, one to Naples, and one found a golf focused retirement community in Tennessee that does not permit short term rentals ! They are going to send us information. All 3 of the homes on the street behind us are still for sale about more than 4 months now, and all in very fine attractive condition !? Are people loosing interest due to all emphasis on the AB&B (many seem to be owned by Villages sales people (!), or is the market just falling ?

LSL is the area I live in, too. It seems everytime a villa is up for sale an investor buys it. My street went from 0 rentals to 10 on my street alone in a 3-year period. I am hoping when Eastport opens the investors will flock there. We have a problem with parking on the street, as well.There are usually 4 people staying in the Villas and sometimes 6. I have been looking for a new home in the Villages for 8 months. I think I may have found the perfect spot. (fingers crossed) Good luck to you! Hope all turns out well.

Thank You
 

I would like to thank everyone for the time and knowledge they placed in this thread. We wish everyone the best. It was overwhelming to see the effort some placed in trying to get a personal view in instead of answering what I asked. In a way it was validating my concerns. I’m more or less a straight shooter who was just looking for a good retirement spot. I didn’t want all the other stuff, but thank you, it confirmed the mood of this area and the tensions the uncontrolled situation that has evolved with rentals.

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