@Marc Zak Using an LLC for each property provides strong liability protection by isolating risks to individual assets, with income and expenses flowing through to your personal taxes on Schedule E.

Non-recourse has less personal exposure, but you need a very strong balance sheet to secure this without bringing in a KP.

Quote from @Milly Owens: You may be right James, then again you would have a hard time convincing Asser...since the program reimbursed him his initial investment of $1,000 and then paid him $10,000 for the lead!

I have a friend who is a banker locally, he's seen business bank numbers for 40 years...he know what makes a strong business client and when it is a weak business with some good years.

What I am trying to understand is after Coachella ends, would it still have the strong recurring demand/occupancy for STRs?

Nonrenewal rates were nearly 80 percent higher in Zip codes that faced the highest risk from insurance perils such as strong winds and wildfires compared with the lowest risk areas.

Look for a team with a strong track record in managing rentals like yours, especially in your target area.

You’ve taken strong steps by hiring a reliable cleaner and listing the property across multiple platforms.

Initially, I had listed it and found a buyer, but the deal fell through when the buyer had to back out.

**Selecting Properties**: When choosing a property for Section 8, focus on neighborhoods with strong rental demand.