Redmond STR Investment Decision
Treat permit eligibility as a purchase condition, not a post-closing assumption.
- Treat City permitability as a purchase contingency, not a closing assumption.
- Confirm the parcel is inside Redmond city limits; City rules differ from unincorporated Deschutes County requirements.
- Check the dwelling type, zoning, ADU configuration, parking layout, recorded restrictions, and existing City approvals before relying on STR use.
- Confirm the City business-license and transient-room-tax accounts can be opened for the intended owner and operation.
- Underwrite from property-specific comparable stays and documented expenses; this guide does not supply generic revenue, occupancy, rate, return, or future-value forecasts.
