Short term rentals are legal when the host is living in the same apartment as the guests and there are no more than 2 guests staying with the host."

Meet other investors in your area and stay in touch with them; you can ask them questions that might prevent problems.Best to you!

It's important to stay informed about developments in the areas you're considering, as well as any potential changes in regulations or economic conditions.

Understand the multi-family market, scale up portfolio efficiently, focus on value-add opportunities, build a reliable team, stay informed, and engage with the community for support.Good luck!

Quote from @Diyan Yap: Have you thought about AirBnB, they can visit/stay with you while they rent it and earn income. 

At the time of purchase, I knew I might not want to stay indefinitely and at some point to might convert the home to a rental property.

Even if you aren't into creative finance, stay away from rough neighborhoods.

Because that is when the impacts are most felt of everything one has to do with the now pile of ashes. 90 days to do nothing forces people to engage with staying. 

All of your profit stayed inside the SDIRA and remained tax deferred there. 

The tenants wants to stay.