Getting a $150/nt on a 4-bed house, then getting $200 damage and having to haggle with Airbnb to get it paid out is just boorish.

Many people around here don't have internet service, so I set up a deposit-only account at a local bank 4 blocks from my rental.

The cons as i see it include loosing the 2 of 5 year cap gain exception, typically not an ideal rental because the emphasis at purchase was buying a good home for your family and not a rental with optimal return (my ex-home consistently has the lowest cash flow for equity in my RE portfolio), not disconnected enough from the property causes addition angst on damage and may result in over improvement.  

If, any bad tenant could be evicted in a few days and held responsible for the damage they caused.

We were also able to recover $1,550 in liquidated damages from that resident which meant that you were not out of pocket at all for that property turn.

Why not, we already had everything in place, we loved the area, 3 blocks from the beach, good price etc.

And the show Bargain Block really ignited my interest.

The crash caused significant structural damage, and the driver fled the scene, later reporting the vehicle stolen.

Mello Roos are bonds that are floated to do off and on site development and then added to the tax bill. there is also 1915 act bonds etc.. if there was not the ability to float bonds CA would never have developed as it has as the up front captial for major improvements would have been a major stumbling block..

But if there is a chance that the previous person could have done something and it just became dislodged and blocked it, no.