RESIDENCE Definition & Legal MeaningDefinition & Citations:Living or dwelling in a certain place permanently or for a considerable length of time.

The only other way to get this info is to run rent/lease comps yourself (~10-15min), or do enough projects in that area to where you have it.Or for Thousand Oaks, etc:Or if we have a choice between two projects in different markets, I can use this chart to compare the two rental markets:-Basically anything to the right of 0 means the rent price/sf/mo has been growing QoQ, and the height is the current $/sf/mo of that market. 

That being said, you'll need considerable equity in the deal to have a lender bite. 

Something to consider- most people in your situation will make WAY more money through tax savings than they will through cash flow-so, take that in to consideration.

Unless you have considerable cash as well to put down on a home I would say not to do it.

It's important to be ethical and considerate in your dealings. 

There are two primary reasons for this: 1) The number of gig workers in this country has increased from ~40M in 2016 to +58M in 2023. 2) The number of illegal immigrants in the United States is estimated at 11.5M (varies considerably by source). 

After careful consideration I passed on the opportunity. 

(insurance and other considerations aside).I understand that the numbers were just an example but agree with everyone else, uphill battle very hard sell.

On the flip side, multiple MTR/STRs in other areas could yield higher cash flow, especially in tourist-heavy or affordable markets, but managing dispersed properties can be challenging, with considerations like vacancy periods and potential property management costs if you opt out of self-management.