I don't have first hand experience with their property management group per se, but I know the founder Sam and she is of the utmost integrity.

SE Mass is good!

I have a real beef on this topic (but not in LA per se -- I have no pony in that race)Here's a few reasons I think STR operators SHOULD follow laws. 1.

I'm starting to look at a vacation rental to purchase in the east coast of Florida beach front area starting at Las Olas down all the way to Miami Beach.  I've been to Miami beach for vacation and I love the area but ...

Amazing properties and endless oportunities . i am now in denver wich is a hot real estate market . i drove from miami to ohio and from ohio to colorado and i saw a lot of oportunities and i am very glad i left the most SE corner of our country. i will be selling my property in miami for about 60,000$ of profit plus my personal savings , i should have a decent liquid fund to buy up 2 or even 3 oportunities in the midwest.

Of course not all of these can quickly converted to house people affected by this 'housing crisis', but there are a lot of units sitting out there. https://fred.stlouisfed.org/se...Other studies show over 10% of housing units are vacant. https://ipropertymanagement.co...Not saying that every city in this country has as many units available as there are people that want them, but that's hardly the point.

I do not ask for proof of citizenship per se, or ask to see a Social Security card.  

There is a box on the form that indicated it is from rent which at least in my case is always Passive Income NOT SE income that I would have to pay SE tax on.

I am in SE Michigan so not very familiar with Mt Pleasant however, property managers in the area will be able to tell you the average vacancy %, so if you call a few PMs you can base it off the average of those then add in a cushion to be conservative.

You can set up a management company if there's a purpose, such as generating qualifying SE income to fund retirement accounts and such/I highly recommend working with a REI tax strategist to make sure both of these are appropiately setup.