Looking for feedback from folks who have been in similar situations and have lessons learned or advice, as I am just getting started and this is literally my first post.Wife and I moved out of our first townhouse and rented it out to grow our family 3 years ago.

How would the situation differ with a home that’s never been a STR but would become one, or a home that’s for sale now that is a current STR.

California's probate rules can be drastic in the event of death that having a proper estate plan in place can help in any number of situations, including if just traveling or incapacitated.These are all things you will want to discuss with your attorney and CPA.

That’s okay—what’s important is understanding the "why" behind your investment decisions.While your accountant’s suggestion is a great starting point, make sure investing aligns with your own goals and situation—not just because someone else is enthusiastic about a particular strategy.

I find that automation often adds more complexity and time to a given situation rather than helping you save time.

Anyone had a similar situation? 

Good deals often have distressed situations to deal with.

Im a victim as much as you are on this situation. 

The more rentals you have the more risk there is to having a bad situation crop up.

There should be some financial advisors or real estate attorneys on here around your area who specializes in hospitality ventures and might provide valuable insights tailored to your situation.