Anyone doing short term or midterm rentals in Fullerton?

[Renee Ren]

I'm recently looking to buy a SFR in Fullerton. I heard home owners need to apply for the permit to do short term rentals and the city is not issuing any licenses. I spoke to an agent who is helping clients manage short term rentals. She said the licenses are running out but still can apply for it. She charges 20% of annual rent as property management fee. Midterm rent over 30 days do not require a permit though. Does anyone run a STR or MTR in the area. Please share your experience. Also do I need to hire a property management company or can I start learning it on my own. Thank you.