re: Short Term Rentals

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Obviously higher resale value is great, but will this generally decrease the quality of the neighborhood and community?

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It all depends on where this is located, but more importantly who will the renters be? Why are they looking to stay there? What portion of the properties will be short term renters?

For example, I live by a multiple military bases. There are a lot of guys that need a place to stay for 2 weeks to 2 months at a time due to the type of training that is done. Most are young men so sure they will be looking for some weekend fun, but for the most part they are here to work.

Now if you are looking to rent to tourists within walking distance to bars where they will likely be drunk, that's a different story.

There's also plenty of short term rentals for things like Cabins on a lake on 2 acres of land. The neighbors will never know what's going on.