Short-term rentals are homes that are rented out through companies such as Airbnb which alone is valued at about $24 billion. Other, smaller companies such as VRBO, Housetrip, and Roomorama play similar roles in providing homes to vacationers that from one night to just a few days or a week. These rentals can be great for vacation goers looking for a place to crash for a few nights, however, they can pose a nightmare for the local Home Owner’s Association (HOA) the rental property is located. So, the question is: What can the HOA do about these short-term rentals when they begin to pose a problem to the neighborhood in which they are located in? Read the article…………..
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