I believe it is limited/restricted in the city of San Diego for low income housing. 

If yes, LS is an easier market to manage and no restrictions with placing tenants...ever considered self mgmt?

RM-4.5 zoning would allow for a higher unit count and could provide more flexibility for future development, regardless of ADU policy changes.One potential benefit of rezoning before any citywide expansion is that it might allow you to lock in additional density rights ahead of any potential restrictions or revisions the city could impose when expanding the program.

I know the restrictions are pretty strict for STR’s but was wondering if it’s the same level of regulation for arbitrage.

@Taylor DaschYou can buy the property in your own name if it's outside the so-called restricted zone.

We get very few cancellations now that we are using their cc processing and have tightened the rules.

These both have restrictions on membership/guest amenity usage.

A lot of them have restrictions that state that the down payment has to be cash.

In the last 18 months various states have instituted new rules, regulations or laws related to (1) need for licensure to wholesale (2) restrictions on marketing of a property in which you do not have ownership and (3) disclosure requirements when dealing with a homeowner that makes it clear to the homeowner that the contact signed with the wholesaler is not a definitive “sales” contract, therefore making it less likely home owners will sign4.

This can provide a better depreciation benefit than traditional STR real estate.If permanently affixed to land, it qualifies for real estate depreciation (27.5 years for residential properties).Considerations:Zoning laws and campground restrictions may impact legality.Self-employment tax risk arises if you provide substantial guest services.Vacation home rules apply if personal use exceeds 14 days or 10% of rental days, limiting deductions.Audit risk is high, so keep detailed records of participation, expenses, and rental operations.Given the potential tax benefits and complexities, consulting a real estate tax professional is advised to ensure compliance and maximize deductions.This post does not create a CPA-Client relationship.