Moving to Short Term Rentals

[Josh Fisher]

I have a long term rental, that is not cash flowing. I am interested in starting a few Short Term Rentals in SoCal. I am looking for someone that has done this to give me some advice on starting out. I don't have a ton of capitol to get going, but I have found 3 potential deals. What are some struggles and pain points that I may not be accounting for when estimating on the calculators. One of the areas restrict the number of days you can provide short term rentals, although, this house is just outside of the boundary for that. So I believe it is a good area. AirDNA reports this City as an A grade area. I am also looking for someone to fund me for these houses. Where can I start to get someone to lend me $400000, or to partner with me on the deals. I do the work they finance the deals. Thanks for your input. I can send you the addresses if you like, not sure if I want to post them on the public forums.