I bought a 3/2 house for LTR and have just begun the task of gutting the kitchen and both bathrooms.

We naturally started with our personal circle of family and friends who have witnessed our journey from the beginning, we have also begun posting blogs on LinkedIn and our website, we've created a CRM database of all the potential investors we have met in our network, and are soon releasing our first recurring email newsletter for our subscribers.The frustrating part of all this is that it feels like I'm pushing a rock up a hill that just won't make any progress.

I've begun short-term renting through Airbnb and was wondering how you deal with the 1-day tenant rights in California?

This year, again, extreme damage to businesses has occurred in Santa Cruz, CA (near me) and winter has just begun.  

This is an official letter that the eviction process has begun and they need to either pay or leave the property.

I have begun to take some losses as a result of more charitable landlording.

Here's our financial blueprint:Key Parameters:Investment horizon: 10 years (2024-2034)Goal: $20,000/month cash flow from real estateInvestment capacity:Years 1-4: $80,000 - 100,000/yearYears 5-10: Up to $200,000 - $300,000/yearSeeking Wisdom for Optimal Strategies:Time constraints: We have busy schedules, so low-maintenance options are preferred.Cash flow priority: Our primary focus is generating steady monthly income.Open to possibilities: We're receptive to various models, asset types, and strategies that align with our goals.Initial Explorations:We've begun considering possibilities like:Single-family rentals (SFRs): Potential for consistent cash flow and appreciation, but require varying levels of management.Vacation rentals: Potential for strong cash flow, but seasonality and management considerations.Syndications: Access to larger deals, professional management, and diversification, but less control and potentially lower returns.REITs: Passive income with minimal effort, but returns might not reach our target.Creative financing: Options like seller financing or joint ventures to potentially accelerate growth.Community Wisdom Requested:We're eager to tap into the collective knowledge of this community!

I've begun to look at Killeen, Kyle, and Taylor areas.

They have merely begun to look over the horizon, and sometime in 2024 they expect to ease restrictions.

Here is my post describing that deal if you're interested: https://www.biggerpockets.com/forums/41/topics/345447-help-analyzing-my-first-foreclosureOnce the rehab has begun there and I have all my ducks in a row, I plan to begin some direct marketing around Clark Co. and Louisville to find motivated sellers.