You will also gain valuable experience that you can leverage for other opportunities.Speaking from personal experience, I have several STR rentals in California (I co-own STRental Pros in Orange County, Los Angeles County, and Riverside County).

The only primary residence requirement I know about is in Los Angeles, but many parts of California (and other areas) are approving ADU laws to add more units on the same property.

I purchased a multi-unit in Los Angeles this past May 2023 and I am definitely cash flowing on that property. 

Hello GuysI am building an ADU in the backyard of my Duplex in Los Angeles, Culver City area (close to Venice Beach).

Current market especially in Los Angeles is very challenging to find a positive cash flowing property.

I am in Los Angeles and only own rentals in other states.

We manage mid term rentals in Los Angeles and 15% is our typical fee.

We are a small vacation rental company that manages short-term rentals for homeowners in Los Angeles.

For my colleagues looking to start investing or considering expanding to a new market, I will be sharing with you a brief market analysis of different cities starting with Los Angeles, California.

Investment Info:Single-family residence buy & hold investment in Los Lunas.