Focus on areas with sustainable taxes and long-term rental demand, targeting groups like college students, young professionals, or travel nurses.

Prior to last year, effectively any SFR was eligible for a short term rental license.

Has anybody found a workaround for this or would the seller simply have to hold the note long-term without the option of selling it?

I am still trying to figure out my buy box, but long term rentals feels like the right strategy for us.   

Because of the relationship I have with the contractors I use, there is no material mark up when they source the material.Basically there is not an issue.The CSLB law on prohibition of T&M residential home improvement contracts has been around a long time.

This is a challenging time to place tenants.  6 weeks is my second longest ever with the longest being a unit that was ready mid December and took over 8 weeks. 4 months is long.  

My focus has been taking abandoned properties and renovating to rentals, both short and long term.

Used houses in the area sell anywhere from $75-125 a square foot.These are long term rentals that I do not plan to sell.I am reading the Rental Property Investing book and implementing the method that focuses on cash flow and that strategy states you need to have $300 cash flow per month, per property.

BRRRR all comes down to finding the right distressed properties at the right price, then identifying the right long term financing. 

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.