Its my understanding that SF has pretty tight Air BNB restrictions like you have to register and can only rent them a certain number of days a year?

Can you actually sell your Air BNB as a business?

One misstep and you could be in hot water. 

My father in law lives in hot spring and we go visit him once or twice a year.

Phoenix has been a hot market for rentals recently, but consider how long-term trends, interest rates, or construction projects might impact demand.Here’s a quick story: A friend of mine bought a new-build in a suburban development a few years back.

The owner also needs to save for big ticket items that may need to be replaced every 10 or 20 years such as AC, hot water heater, furnace, roof.  

This helps keep me out of hot water with fairhousing. 

The beach access limitations have been a hot topic for investors, and it’s definitely something to dig into if you’re considering the area. 

After assessor comes out and consults with insurance company, they'll send demo guys out to come do demo work and remove wet drywall, insulation, etc. they'll usually put down dehumidifiers and let the place air out a bit to see what actually needs replacing and what was able to dry out.

If you're going to work with contractors, collect rent from tenants, or try to bed the hot chick at the bar, you better learn to recognize warning signs and get out early.