Also not considered LA City from a rent control perspective so better upside under the recent state wide legislation.

It looks like the ability to earn a management fee is a legal grey area, and a loophole in the legislation that the IRS may or may not be cracking down on.

In those states that have not legislated against "self-help evictions," the courts have ruled repeatedly against the landlords. 

The legislation doesn't seem to separate R1, R2, etc.

@Will Barnard I could be wrong but I thought that the state legislators, wrote all the real estate laws and the purpose of the CA DRE is to enforce the laws not to make them, and in the case of conflicting laws the stronger/ more restrictive one is the one that takes effect.

The reason cities pass legislation is to avoid entire neighborhoods from becoming hotel complex.

From what I've heard, it can be lucrative but the legislation change for laneway housing is fairly new. 

There has been new legislation in LA regards notice and where and to whom it will apply.

Both Portland and South Portland have made rules and legislation to curb short term rentals (1 month or less).

Meanwhile, the PAID tenant advocates are riling up the voter base and thus the legislators with their biased messaging and agenda.People are leaving NYS in droves, so if you think that's a myth, you are either reading the governor's propaganda or just ignorant.