The IRS doesn't trust you to report accurate information, so the 1099 from the property manager is checked against your filing.Any company that does more than $600 in business with you should issue a 1099.

Operating within California means you’ll need to register any LLC conducting business in the state, regardless of where it’s formed.

In fact, approximately 40% of our business involves the Section 8 program.40%...

If you drop business and work you can bounce back.  

Do you want to own your own real estate like an apartment or retail center and create a side business?

Was the business credit enough to put towards a deal? 

The local economy seems to be centered around these types of businesses. 

Just my personal opinion - get a mentor or a person who already has good experience running STR business, preferably in your area (but not 100% required). 

I remember studying your business model early on through your posts and early podcast episodes.

As far as LLC structures and tax strategies you should find a CPA who has experience with real estate and small business.