For any commodity market, costs are passed to consumers when demand balances or outstrips supply.

If you do a furnished LTR you will still have to worry about your furnishings and possibly consumables/linens if you plan on providing that sort of thing. 

I won’t try to tell you what to do other than if there’s certain properties that just consume way more energy you might consider 1031ing them into slightly larger properties where you could get better economies of scale for your time and expenses.

Michael - you can use this platform and FB Groups in order to find off market, live STRs in all of these neighborhoods.

It was a small $$$ project but time consuming because that was something I DIY'd while living in the property. 

This initial negative equity position consumes the initial cash flow.  2) the addition of the adu makes the property multi family and likely makes rent control apply.  

I am not the most technical person but in this day and age, not being technical is even more reason to welcome opportunities to use platforms that help develop that skill. 

Airdna is a good resource and tool, but I wouldn't rely solely on that platform for data.

Sounds to be like you are seeking retirement advice on a platform that mostly advocates for long term wealth.

Such strategic zoning decisions bolster the provision of affordable living spaces, invigorating local economies by amplifying the consumer base to support nearby businesses.