Once you build it correctly, you can offer it to other investors as a service.

I charge a completive market rate while providing a really good service. 

Also I did inquire on a PO Box with companies do provide a service where they can scan all mail and redirect them.

Risks: rates go down and you have to pay a prepay of 2 or 3 %; you have to sell and pay the prepay; rents decline & you can't make the payment like any other type of loan; cost upfront a little more than conventional; need to find experienced broker licensed in the state where subject property sits; servicers are bulldogs. 

Any business could do this with their services and the savings would certainly justify the additional effort.But if you take advantage of the new law, wouldn't the renter do the same?

Under 100amp service - very difficult to insure. 

After that is returned, I do a background check through Transunion or a similar service. 

We have the full gambit from 1) finding and buying the right property in the right locations to 2) professional execution of the design to 3) discounted property management services.  

See responses to your questions below: Correct, California is uniqueTo qualify for REPS you need to meet a number of criteria, including (but STRs that meet IRS criteria generally don't need REPS to leverage tax benefits): More than 50 percent of his/her time working in real property businesses; AND, More than 750 hours of service during the year.

When a rental is taken out of service for personal use the accumulated depreciation goes away over a short period of time.