Until about a couple months later, i opened my eyes a little bit more and the entire operation was sketchy.

The city operates on a block-by-block basis, and understanding those nuances takes legwork—or working with someone who truly knows the area.

Business is based in California but I’m licensed to operate in Texas, Ohio, and Alabama in addition to California.

It specifically says it is not for real estate investment, but I believe you would be buying an operating business vs just real estate.This is so helpful Michael, thanks so much!  

Now have a portfolio of 6 properties with some that are owned others just managed but turn key operation for sure. 

Rarely do they like such units being operated in such way.

Here are some of the more longstanding discussions that may help to answer your questions.Specifically at Rent To Retirement, we operate a turnkey marketplace that focuses about 90% on A class, new construction properties located in growth markets.

Or become an operator like ODC and make money raising capital for your deals ..

I made that mistake with a 2 bedroom condo - after 1 year, I had to shut down operations due to HOA rule violations of NO short-term rentals less than 30 days.#8 The 30 day+ rule -  Certain places Airbnb is outlawed or a softer rule is the 30day+ rule.   

Your best bet would be to connect with local operators and ask them.