I have 5 STR’s and I am wondering for those who have paid this money is it something I can pay for 1 listing then apply what I learn to my others?

Note that there are restrictions that apply to STRs in Ojai and the Ojai Valley.  

Nicholas,I think you may wanna read the threads below before hiring any of Bob's "guys".Exposing more of Bob Prisco's (AKA Bob Stevens) LiesWho is Bob Stevens AKA Bob Prisco and what's his involvement in Cleveland?

I have a three unit building, but one unit needs to be remodeled the other two have been renting out for the past few years.If I spend X on renovating this apartment to get it ready for rental will the cash on cash return apply ?

----------------------------Here's a quick breakdown of the eligible loan amounts based on an all-cash investment strategy, but the same applies if you have a mortgage on the property as well:• 0-6 Months (Delayed Purchase, no Rehab completed) - up to 80% of purchase price• 6+ Months (Cash-Out Refinance, no Rehab completed) - up to 75% of appraised value• 0-3 Months (Cash-out refi, Rehab completed) - 75% of appraised value [good rates]• 3-6 Months (Cash-out refi, Rehab completed) - 75% of appraised value [best rates]My one caveat is that a 1-4 unit residential property in Missouri is eligible for an 80% cash-out, albeit at a higher interest rate premium (8.625% @ 80% LTV vs. 6.875% @ 75% LTV today).

When investing in high cash-flow markets, I always recommend working with an investor friendly agent so you're able to gain the right insight on the different areas and the risks involved.

There is a bit of "safe haven" for personal transactions, but if Dodd-Frank applies, it applies! 

You want to figure out all of the permits you need at the start and apply for them all, get them, and then get to work. 

Quote from @Sidra Amir: If the boat was there when the tenant applied, or it was at least disclosed to them that it would be there, then there's nothing you need to do.

Why don't you do a LOT more research here on BP, via articles, books and podcasts, then apply what you've learned and then ask clarifying questions on the forums?