Many cities across the country are fighting short term rentals and are either trying to outright ban them, or put serious restrictions on them.

Anyway, enough of my background, the reason I am expressing interest is because I work in the Beaumont/ Banning area as I know you should be familiar with since you are in Redlands and I frequent the REIAs around Riverside County.

When looking at a property be more concerned with the return on equity if you're doing rehab and the CAC for the rental rate.

On your expense projections that is HOA fees and when the HOA will raise them, or when they'll levy an unexpected special assessment, or if they'll vote to amend the rules and restrict or ban your right to rent your condo...

Fort Worth for example is currently showing 113 3-bedroom rentals with a median annual income of $49,425So not sure about what you mentioned the DWF markets stopping Airbnb's, but yes Palm Springs is crazy (I'm in Los Angeles and was shocked when they started banning them) BUT, the surrounding towns allow STR evidently, it all depends on each of the HOA's.

It has also extended the eviction ban from the "end of the state of emergency" to 90 days after. 

What @John Thedford said - especially in Ohio, which banned unlicensed Brokering of Real Estate!

HOA's should not be able to ban anyone in az from offering Airbnb, Vrbo since the new law passed:Governor Doug Ducey of Arizona has signed SB 1350, a law which prohibits cities and municipalities from banning the listing and use of short-term rentals like Airbnb, HomeAway, and others.I also have a lawyer friend who practices HOA law and confirmed the above, but you know HOAs, they think they make all the rules...

B of the article states:"...any plan described in Section 4975(e)(1) of the Code, including individual retirement accounts and Keogh plans; and"Here is what 4975(e)(1) states:(e)Definitions(1)PlanFor purposes of this section, the term “plan” means—(A)a trust described in section 401(a) which forms a part of a plan, or a plan described in section 403(a), which trust or plan is exempt from tax under section 501(a),(B)an individual retirement account described in section 408(a),(C)an individual retirement annuity described in section 408(b),(D)an Archer MSA described in section 220(d),(E)a health savings account described in section 223(d),(F)a Coverdell education savings account described in section 530, or(G)a trust, plan, account, or annuity which, at any time, has been determined by the Secretary to be described in any preceding subparagraph of this paragraph.I am sure there is far more to it than my trivial analysis, but it would be good for everyone to learn if someone could connect the legal dots here.  

I then created a model for him ( transactional funding) so that he could come into title on everything he was marketing and things were fine.. he then left our fold and went right back to his bad ways.. gets caught again this time he is arrested and thrown in jail on a Friday in Jackson MS not a place you want to spend a weekend in Jail... and was then banned from the industry for life.I have another vendor I fund here in Oregon .. he simply put a for sale sign in the yard of a home he did not own.. someone turns him in to the state.. 5k in legal fees  cease and desist and 5k fine later ..