In just a decade, homestays like Airbnb (Nasdaq: ABNB) and VRBO went from a novel concept to a mainstream way of traveling. These platforms have expanded travel to a larger market, giving people options to stay in places that don't have hotels, like rural areas and underserved urban neighborhoods, and the ability to stay somewhere comfortably for weeks or even months.
Additionally, vacation rentals can be valuable side hustles or even small businesses. However, with the boom, there's been a backlash in some municipalities as some neighbors aren't happy with the proliferation of Airbnbs.
Before you open your own vacation rental, you should be aware of local laws that could restrict you. Here are 10, in particular, to be aware of.
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