I personally believe that a better way to jump into mid term rentals is to take a course on buidling a property management company or cohosting business where you bring your skillset to the table without the intial investment into all the furniture and leases.

At some point, everyone wants cash to start a business, buy your dream home, or go on an incredible vacation with your family.

I have a small contractor business here in Abilene that is pretty new, owned and operated by me if any of you guys need a hand.

And if it were set up where everything went through a title company so the buyer pays the title company, they manage the buyer's loan (from me), and the title company ensures my mortgage is paid without my direct involvement... what parts of the transaction would feel risky or not worth the headache to you? 

Then find a CPA who can help you set up and manage your business and advise you on the best business structure.

PM me if you want the contact (they deserve some business for their great support, but if I do not close I have no need for the insurance).Good luck Thanks Dan,  where in CA is that property at very good price for what your describing !!!

Yes, that's a problem.As this thing has gone on, I realize that "AI" cannot be taught business ethics. 

Alternative Revenue Streams for Unique Property Features•If your home has unique features (large backyard, pool, modern design, or open space), consider listing it on platforms like PeerSpace for event rentals, content creation, or small business use.

@Kyle Carter You cannot directly use a 1031 exchange to purchase a primary residence, as the IRS mandates that the replacement property must be used for investment or business purposes.

College isn’t a must for real estate, but it can definitely help with things like business, marketing, and communication skills.