Many hoa's have restrictions / limits to non-owner occupants allowed in a community / building.

Townhomes have extra holding costs in HOA and could limit your renting ability.

If your going the CC wrote, which Crum you just made it sound very complicated (moving parts to pay a bill), might as well get the three CC's and the max limit you can. 

You’ll also be trading off appreciation for cash flow in those areas, so make sure to keep that in mind.If you’re eyeing a B/B+ neighborhood instead—think exurbs like Adamsville or Pleasant Grove in the west and Odenville in the east—you’ll likely be limited to condos or small fixer-uppers.

A recent study from Rentcafe found that Milwaukee is the third most competitive market for renters in the US, ahead of NY.

It's like you're listing your house for limited service $200-500-700 on MLS.

Potential for Permit Revocation: Non-compliance with noise ordinances, occupancy limits, or HOT reporting can result in permit revocation.

AB1482 states that "single-family homes/condos (residential real property that is alienable separate from the title to any other dwelling unit) are exempt from AB 1482 if (1) the owner is not a real estate investment trust, a corporation, or a limited liability company in which at least one member is a corporation and (2) the owner provides the tenant with a written notice of the exemption"The part that is confusing is "...a corporation, or a limited liability company in which at least one member is a corporation."

We have SFR, some limited number of townhomes and condos, and large apartment complexes. 4 plexes are pretty rare here except in the older central part of the city.

If you're maxing out the 180-day limit on Airbnb in San Jose, switching to MTR for stays over 30 days is a good way to keep your place booked without hitting any restrictions.