In Los Osos for example, they just recently lifted the building moratorium which had essentially imposed a ban on construction in the town for the past decades. 

This typically results in rehab funds being frozen until the second mortgage is lifted.

I'm actually licensed myself.Regulations would mean a higher entry level, which means that all the bad apples will be weeded out and I'm all in for that!

Say it takes you 12 months to get that person out before you can even lift a finger to do any work, and say that they leave the place completely destroyed.

I am managing 1 short term rental and my housekeeper prefers to get paid via apple pay.

Brian, I read an article in Bloomberg the whole premise of the business plan for a particular operator was a "double pop" and a short-term fix and flip strategy all focused on high velocity  multiple refinance events, floating adjsutable rate and the hope and faith of continued rent growth coupled with low interest rates in multifamily -  never even heard of a "double pop" suppose it can theoretically work, but the in-going cost basis has to be so low, the first lift has to happen so fast like almost within a few months- so the debt has to increase with it quickly, then followed by another lift and refinance in less than 30 monhts - I do not know sounds like a bomb! 

In the short term rental business there seems to be a wide range of different types of rentals that are apples to oranges, especially from a financial perspective.

Other small items:    Our drywall was already cracking in 15 + places, but we thought we could get it done a week or so after the foundation lift.   

If finding the right wholesaler were as easy as picking an apple from a tree, everyone would have one.

That way all you do is watch other people do the heavy lifting while you cash the big checks.