I lived in CA for 20 years, and we had W2 employees in CO and NJ, where we do not own communities.Also, we take much pride in the work that we do to renovate the homes.

buy a small multi and live in the smaller unit. 

Quote from @John Busch: Truly appreciate the multiple responses and look forward to continuing our communication as we live in Southern CA and do not have many contacts in that part of the county. 

I lived in LA for a decade and we have many friends, family, clients and community members suffering and send our sincerest condolences to all of those experiencing and affected this tragedy. 

In BC there are extra taxes if you use the home for short term rentals (unless you are living there).

Quote from @Kristi Kandel: Helping LA Communities Rebuild After WildfiresWhen Hurricane Ian hit Fort Myers Beach in 2022, it changed our lives forever.

Providing relocation assistance to tenants, for example, if I want to sell the property or move back in - this can range from one month's rent to thousands of dollars (e.g tenant has a disability, minor children, elderly it will cost you more), depending on the city.

I really believe that we live in a time where all the information you need to do just about anything is available for free online.

Thanks, Dan Audino Have you considered a live and flip?

Live in one unit - It's a great strategy when using a bank for financing as the down payment and interest rates are more favorable to owner occupants.