Meets the standard of living onsite...but not according to the city.

Are their listings detailed with good-quality photos?

It was in the same family for a long time so we are undergoing a pretty expansive renovation in order to bring the design up to STR standards.

You're flipping the property to rental quality, creating a SOW, hiring contractors, or swinging hammers DIY to get it done. 

My niece moved from Redwood City to Seattle and was always complaining about the smoke and air quality, even though I don't think it was that bad  Ya I grew up in Silicon Valley and Redwood city is half way from San Jose to SF.

@James KieferRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Then figure out a standard of living your comfortable with and that will tell you weather or not single family or multifamily is the correct route for you.

Since it’s such a quiet and family oriented neighborhood, I would like to be mindful of the quality of residents that live here.

I was never licensed and never wanted a license.I don't like being held to a "higher standard" lolIt's cool being able to tell Wise that he is a wanker and not get in trouble by the division of real estate for doing so haha.Also, you can market and sell what you own without having a license.PM is a different story and as you mentioned mate, an officer of the company has to be a broker in order to satisfy the division of real estate.We are actually double d#$%ing and have two brokers as officers as the division didn't like that our broker was in Florida so now we had to get one in Toledo also.If only I was a whistle blower, could make a nice buck as I know of at least 2,000 units illegally managed in town by folks without a license or broker.🤷‍♂️ thats why we worked together on deals..  

To avoid any confusion, this is not the same thing as ( “home sharing”, or an “owner-occupied rental.”)Improvements generally need to be depreciated over 15 years, note I said generally, depending on the nature of the improvement and how long the IRS standard depreciation period is for the cost and size of expenses.Strategies depend on a number of things including, but not limited to: type of property, your material participation, how long you plan to hold it, your goals.