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buildandgrow t1_j7pj4t3 wrote

I don’t think this has been mentioned, but, as a state or municipality, I would try to make being a long term rental landlord more attractive than being a short term rental landlord.

Before the str boom, long term was the only game in town so landlords dealt with the regulations and difficulties the state imposed, now they have a more attractive solution in STRs. It’s not surprising they’d leave one game for the other. I’d suggest updating landlord rights to fit with the current landscape. Otherwise, landlords will continue to opt for short term over long term.

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GreenPL8 t1_j7rm9s3 wrote

One of the biggest risks is a tenant damaging the property or fighting a lawful eviction. How do you fix that?

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buildandgrow t1_j7scjmj wrote

Exactly. Not an area I know well at all but my understanding is that evictions can often take months (landlord friend went 9 months with a tenant not paying rent before the tenants could be pried out by the sheriff). For a small time landlord this can be a back breaker (1-2K/month less income) and for some just not worth the risk when you can charge a higher rate with less risk in the STR market.

Surely there are many examples, counter examples, and horror stories to this issue, but for the system to work, evicting a tenant who is not paying rent ought to be fairly seamless.

And again, I am suggesting just to incentivize long term over short term. I’m not exactly a pro landlord kind of guy by nature.

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