With government funding gone and hospitals back to normal capacity, the industry has contracted a lot and the gold rush is over but the industry is still higher than pre-pandemic levels.

Is anyone familiar with the City of South Euclid regulations on rental property?

Local Landlord/Tenant laws and applicable Real Estate laws concerning rental transactions and required licensing and handling of Client funds; Federal Fair Housing; Fair Credit Reporting Act; applicable EPA regulations; HUD rules for certain projects financed with HUD money and of course Title IX subsidized housing issues; OSHA rules for employees (office AND maintenance workers); Licensing and Insurance requirements required/recommended for contractors that you hire; IRS rules related to employees and income reporting for your Clients and vendors; accounting "best practices" for Client funds; business insurance and record keeping requirements for your locale and type of business entity, and probably a few others.

I would say for the government not to touch anything and let the free market does what it does the best.

They can give insight on what the local government is looking for in that area and what public likely gives the least pushback on.

I read on a New Hampshire government page the law states that the security deposit must be kept in a special escrow account with a bank or a bond posted with the municipality.

Our 3 bankers said there is still a lot of cash and Government issued cash out on the sidelines looking for a home. 

my personal take:fix and flips only make sense in an appreciation marketlike in CA when the interest rate is low and the market is stable.buy and hold only makes sense in an appreciation marketfor cashflow it makes sense to invest in a cash flow market only (midwest)STR only makes sense in the place where you want to have a vacation there and in a heavily regulated area.So for me, it's not about the house, it's about the market situation and location-specific. 

Also differentiate yourself from all the other vacation rental houses by offering great amenities such as Jacuzzi, proximity the beach, etc.There are lots of regulations and rules depending on where you are looking for vacation rentals in South Florida.

This gives you another way out if your Airbnb doesn’t work or you have regulations come up that prevent you from continuing to do short term rentals.