Memphis requires a short term rental permit that the property owner obtains, so the owner has to apply or co-sign with you.
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Cities open in the order operators ask for them.
No one may operate a short term rental without a permit from the Division of Public Works. The ordinance lists a $300 application fee and $150 to renew.
The permit asks for proof of ownership, and the county application must be signed by the owner. Plan for the owner to apply with you as operator.
Tennessee law lets a lease or an HOA prohibit short term rentals, so get permission in writing in the lease. Each unit is limited to four sleeping rooms, and the city council has asked for tighter enforcement in 2026.
Checked Oct 31, 2026. Rules and fees change, so check with the city before you sign anything. Not legal advice.
Owners whose home has sat for months, is priced above the street, or just had a price cut. The sheet ranks every listing by those signals each week, with the contact and an opening line.