We have a RE attorney & mortgage broker to make sure our operation is legal & compliant.

None of us can give you legal advice!

I think new builds don't really work from an ROI standpoint, but if you can find properties that have easy ADU conversions then the value might be there.I'm in MA and we just made ADUs legal by right, so I'm looking into the best ways to add value using them.

I've always been able to find my STR clients investments that are legal and whose numbers works. 

If you do have to move because of a job, you would be safest (in my opinion, i am not giving legal advice or financial advice), i would sell that property to ensure that you did not just purchase with the goal of moving out early and taking advantage of lower rates and lower down payments for purchasing your home as a primary residence. 

As a business, a judge will expect YOU to know all the laws and legal procedures.Make a minor mistake and the judge is unlikely to give you a break and may rule in the tenant's favor.The judge will see the tenant as a consumer and may give them a lot of leeway in court, even give them borderline legal advice.You are in over your head, not having the knowledge to properly handle this.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

(This is the only time it is legal to screen 2 applicants at the same time here.)

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

If you need help with the process, you can contact Consolidated Civil Enforcement - they have a ton of experience helping landlords through the legal process.