So looking at an insane return (of course investment in rehab will be factored in).

The way Avery Carl (the author) and the podcast guests describe it, managing an STR seems quite straightforward, though I'm aware it requires significant effort to be successful.My plan is to purchase a property for under $400k, make a 10% down payment, and self-manage it as an STR.Living in San Diego, and given the real estate prices in Southern California, finding a profitable STR locally seems challenging.

Out of the three cities, I only know of one STR arbitrage host in San Antonio.

Hi everyone,My name is Michael, and I recently bought my first property in San Antonio, TX.

This clown is apparently very entitled...I am going up there on Thursday to meet a prospective buyer form Oregon. a) I can possibly 'explain away' this situation by saying '"this just happened a month ago, and we've all complained, and the County is on this, don't worry, blah, blah..."

I can leave my house in San Diego in the morning, fly up,  swing by the rentals to check in,  and take a walk on Bandon Beach long before sunset.   

I'm looking at investment properties in San Francisco, mainly homes and multi-unit buildings.

I am in San Antonio and I think I am going to just wholesale it.

I can't speak to other states but I know in San Francisco Bay Area, LA and San Diego (expensive coastal cities) that if someone buys at a discount then can do a fix and flip and make a nice profit (before capital gains tax).

Used a VA loan with an 8% down payment.2014 - 2015: Ready to buy more properties, but real estate in San Diego is too expensive and cash flow almost non-existent.