I have a personal sign-up link, so if you decide to make the switch, use my link!

Marketing-Ready Design – Your rental should look as good on camera as it does in person.

You will quickly find, as you generate local person-to-person relationships, how many opportunities open up! 

The challenge was separating business from personal relationship.

This isn't something I've been able to keep up with personally, so I hire property managers who rely on legal counsel to keep up with it.

To clarify, in MN a person must be a licensed to perform at-charge Property Management services, for others, on a standard commerce basis. 

Just to present an alternative point of view regarding California residents investing in STRs, I'd say the gambit still works and works well.For one thing, you still get to use the Section 263(a) tangible property regulations' de minimis rules, which probably mean you can immediately expense most of the furniture and fixtures in your STR.For another thing, while for your California return you won't be able to use bonus or accelerated depreciation for the personal property, you will still use shorter 5-year and 7-year lives for maybe 25% of the improvements.But the big thing: The federal tax bill is far, far bigger.

@Ben Callahan, you could find a partner who is looking to buy a similar property, be a co-signer to your partner, and have that person live in it and be a primary resident. 

I don't think there is a market for that personally. land development is done on a very local basis and isn't a service many CRE brokers use.

I was sent an offering memo by a broker selling a multi-family building in an area no reasonable person would even consider affordable housing material yet the marketing materials made a point of emphasis to detail how the property would satisfy the need for affordable housing.