Hopefully, not an expensive tenant or Fair Housing lawsuit.100% of what @Travis Biziorek states is true, but he left out a key fact - he lived in the Detroit area when he started investing here, so was able to self-manage and meet everyone he had to hire face-to-face.

Nick,As you already know since you mentioned it living in California means look to other states for your prime investments.

If you live in your short-term rental (STR) property in a future year after claiming depreciation, depreciation recapture does not occur immediately.

I would love to hear any suggestions about where I should look to live in the area. 

I live in the greater Maryland  area.

I truly believe she had a medical condition and shouldn't even live in my house, should probably live in elderly housing or the like.

I live in California.I also wanted to know if there was anything you wish you had known before setting up an LLC/IRA and why you chose to set one up and has having one met your expectations?

Sad country we live in at times. 

I also live in NY and have invested long distance without scouting the area. 

Your primary residence - if you've lived in it for 2 out of the 5 years prior to selling you'll get the $250K/$500K tax free iike @Clint Galliano said.