Crime is a concern, but I'm thinking with the appropriate limited liability and insurance structure this could provide a reasonable shield.

If a limited partner is in a tax bracket (earning less than 50k per year) approximately how much would they owe in capital gains after the asset is sold? 

Although we are in Temecula, we are located on the wine trail which is outside of the city limits.

Get a cost seg study done.Once you convert your primary residence into a rental, you can get a new cost seg study done and take bonus depreciation to offset the new rental income.5.

To begin investing in real estate, learn first, set financial goals, analyze finances, study markets, make friends in the field, get a loan, start with small properties, check all details, plan how to manage them, and choose renters carefully.

VERY limited circumstances though, a very last resort. 

We're building this inside the city limits so we are slowed down just a bit by the city inspections.

I have 5+ buy and hold properties,  i have limited cash right now for another down payment, my debt to income ration hits almost the limit.

My question however, is for short term rentals there - licensing is taking place such that it is possible, owners may be limited to 50% of the year, making investing in a short term rental more risky.

They are limited doc