I am licensed in FL by division of hotels & restaurants and also a licensed RE broker so me holding funds in escrow is not an issue. 

For investors, it offers unique opportunities to maximize the value of properties and meet the growing demand for housing.

Nothing new there, it's is not a uniquely CA thing, it's the US nation as a whole. 

You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate wouldn't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.

States like Nevada, Ohio, Michigan, and Pennsylvania each offer unique opportunities, from Nevada’s no state income tax to Ohio’s affordable B-class neighborhoods, Michigan’s up-and-coming cities, and Pennsylvania’s mix of cash flow and appreciation.

It’s amazing to see how much the market has changed since then..and I remeber reading an article in Forbes that talked about how travelers often prefer unique stays with great locations.A friend of mine up in Lakewood had a client who tried an Airbnb in a condo overlooking Sloan’s Lake.

What unique features of this property do you believe makes it a good STR6.

If we had gone with more optimistic assumptions then it would have been a very disappointing year financially at least.Every market is unique. 

That seems to be extremely unique in today's environment.But if you're looking for more tenant stability, some of the options you listed might be a better fit. and don't see it talked about a ton here (that may be a good thing)

Mobile home parks often have unique challenges and opportunities, and it’d be great to hear how you’re approaching this one.If you’re open to sharing more about how you found the deal or approached the seller, that would be valuable for others looking to break into mobile home park investments as well.