I'm no expert, but the Blackstone group and some REITS already focus single houses and renting them out. The REIT market is well understood, thus having a easy line of investors. If this is simply a way of getting past local rulings, I would guess that somebody in the aforementioned rental market buying single homes might explore short term hotel type operations instead, although it is unclear to me the leap from longer term rentals to overnight stays.
I'm no expert, but the Blackstone group and some REITS already focus single houses and renting them out. The REIT market is well understood, thus having a easy line of investors. If this is simply a way of getting past local rulings, I would guess that somebody in the aforementioned rental market buying single homes might explore short term hotel type operations instead, although it is unclear to me the leap from longer term rentals to overnight stays.