Or, you could move out and leave this first purchase as a rental and buy another.

Short-term rentals of non-owner-occupied properties will also require a special use variance which is obtainable by starting with the completion of an application in the Zoning Department."

Quote from @Bree Jimenez: Hello everyone, my name is Bree I am a new investor looking into get my first rental property and try the BRRR method what tips and advice does anyone have when getting your first rental property?

Heads up, everyone: Dave Meyer and Henry Washington answered Alex's question during yesterday's episode of the BiggerPockets Real Estate Podcast: How to Buy Multiple Rental Properties a Year (Is It Possible?)

We have two rental properties in Los Angeles.

I think most people would agree that a single family home is better than a condo for a long term rental.

Data point: we have a long-term rental in a popular STR neighborhood listed through Zillow right now.Every person who writes asking to do some sort of arbitrage is blocked by the Zillow platform.I don't even have to say "no thank you anymore."  

A couple of things I like to tell my newbies-Owning a short-term rental property can offer significant financial benefits.

I'm starting to acquire furnishings and am looking for a checklist of sorts to help keep myself organized as I seek the best deals on high quality goods to furnish our rental. 

I'm thinking of buying this as a rental, renting out the house and fencing the back part and renew a lease to rent it separately.