We are also seeing hundreds of hotel rooms being added at the same time, and STR building permits are still strong in the area.  

Evernest said they had to pull a permit from the city, have the stove inspected to make sure it was safe for the repairman then they could look at it.

Navigating Atlanta's STR OrdinanceFinally, on a related note, we are aware of the city's rule limiting an individual to two STR permits (one for a primary residence and one additional unit).Question: For those who operate more than two STRs, how have you structured your business to remain compliant with this city ordinance? 

$6,000 STR permit!?!?!? 

Well the other day i noticed still no update,  and the extra i have been paying towards principal has been being taken as a service fee. 

Holding costs, permits, and build.

On the investment side, deals are still happening, but margins feel tighter, especially with rising holding costs (permits/utilities, etc.).I’m curious how others are adjusting, whether you're flipping, holding, or mid-BRRRR.

I’d start by checking local permitting first, then underwrite conservatively for off season demand so you don’t get caught overestimating returns.Feel free to connect if you’d like to share more insights>Escondido tends to have stronger year round demand but tighter regulationsI am unaware of a single residential regulation in Escondido that does not apply to the entire state.  

Have you collected at least the $1,700 extra expense? 

So- if your property is zoned commercial and is operating under the proper permits, this wouldn't apply, but if it's a residential property, this is why brokers "don't understand," the value- because the NOI is irrelvant and they know buyers and lenders won't bite.