There's a lot more compliance, regulations, and other protections that many brokers do not feel comfortable hiring just anyone. 

Some cities have started introducing stricter rules, so ensuring compliance upfront can save you headaches later.Out of curiosity, are you leaning toward any specific property types (e.g., single-family homes, condos, or cabins)?

Tools like QuickBooks or even a simple spreadsheet can help you mentain compliance and prepare for audits.Reinvest WiselyScaling a short-term rental business often requires reinvestment in marketing, property upgrades, or even hiring help.

I knew legislation made CD for residential property too risky with violations too easy and consequences too harsh with compliance too difficult and uncertain so no attorney or title company will get involved.  

Just speaking from a cash flow management/account structure perspective.As for someone being in the real estate accounting industry for over 2 decades, I can say that State Law compliance is big on this.

Schedule inspections early to avoid a last-minute rush and ensure compliance with California law.

I just hope that there's a way to enforce compliance more strictly.As is, the playing field is uneven.

Voluntary Compliance: A reporting company can still voluntarily comply with the law if they so choose.

@Keith RichardsonMake sure the accountant explains your total compliance costs for the varying setups as well.   

The Cape Coral Code Compliance officer showed the roofer the various emails to BTC, which left the roofer very unhappy as he then knew he had been misled and made him liable for a fine for illegally performing work while a red stop work order was in place.BTC appears to be continuing to cause damage to customers and other contractors.