Richmond STR Investment Decision
Confirm ownership, zoning district, primary-residence status, legal capacity, and tax obligations before underwriting revenue.
- Richmond requires a biennial Short-Term Rental Permit before lawful operation.
- The operator must own the property. Residential-district rentals must be on the lot of the operator’s primary residence, which the owner affidavit defines as occupying the lot at least 185 days each year.
- A permit does not override private covenants, condominium rules, leases, financing terms, or insurance restrictions.
