Are short-term or vacation rentals allowed in every neighborhood?

A.R.S. §9-500.39 does not preclude the ability for Home Owner Associations to regulate or restrict these types of uses.   In 2019, the Superior Court of Arizona ruled in  Camelback Country Estates Unit One Homeowners Association, Inc., vs. Forty Sixth Place LLC, that the Homeowner’s Association CC&Rs could restrict business uses of properties within the HOA.

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1. What is short-term or vacation rental?
2. Are short-term or vacation rentals allowed in Paradise Valley?
3. Are short-term or vacation rentals allowed in every neighborhood?
4. May residential properties be rented for commercial events?
5. Do short-term or vacation rental properties pay taxes?