@Josh LemonsThey have a regulation A offering which is open to accredited and non accredited investorsThe great thing is they have to submit their offering circular and have it qualified by SEC as well as submit financial information etc.All this means is the information is readily available and if you do not understand it then I recommend engaging an attorney who can interpret it.

Are there extra steps or regulations I should know about?

Since the same 99% unknowingly violate some state law, rule, or regulation, you may be better off with an entity.  

@Zach Edelman Lexington has a decent amount of STR regulations now with more on the way.

There are no commitals until it works for you and there are no regulations or fees associated with using the app. 

Think lakefront properties in small towns, destinations with new attractions (casinos, amusement parks)...Another idea is investing in properties suitable for accessory dwelling units to create dual-income setups, especially in cities with relaxed ADU regulations.

Supply side is also limited by regulations and cost efficiency. 

It's successful in high-cost markets like Southern California but faces challenges like high entry costs and local regulations.

Act 52 Imposes New Regulations on Real Estate Wholesaling in Pennsylvania - Barley SnyderWhat you need to know about Act 52: Wholesaling!

@Renee LeFevreTo rent out your basement, follow these steps: check local regulations, prepare the basement with separate entrance, screen potential tenants, draft a lease agreement, set the right rent price, consider tax implications, update homeowner's insurance, and build a positive tenant relationship to attract quality renters.Good Luck!