In an additional six cities – Fresno, California; Jacksonville, Florida; Kansas City, Missouri; Los Angeles; New Orleans; and Santa Barbara, California – restrictions on legal operation are such that STR is practically impossible, though theoretically legal under very narrow circumstances."

1)Santa Barbara home prices haven’t skyrocketed over the last 6 years and you aren’t sitting on a boatload of gains you can take tax free?

My market of Santa Barbara is similar to that of Orange County, where you can't find anything under $1M.

I did a flip in Phoenix and did very well but have been intimidated by the Santa Barbara market.

I went to school in Santa Barbara and ended up living and investing in Reno.

Quote from @Barbara Sheppard: Hi @Stanley Smeltzer. 

Here are some real years that markets surpassed previous high  - Los Angeles: 2018- Orange County: 2016- Ventura county: 2020- San Bernardino: 2020- riverside: 2020- San Diego: 2020- Santa Barbara: 2018Each of these markets are far higher today than their high from prior to Great Recession.

Stunning nature with the Pacific ocean and gigantic Santa Monica Mountain Range out the door with year round near perfect weather.Close to everything from Malibu to Calabassas, Ojai, Santa Barbara etc and within the same 45 min to 1 hour distance ( traffic depending) to 3 commercial airports, namely LAX, BUR, SBA.The university, USCCI is the only one of its kind growing in leaps and bounds while general enrollment numbers are in decline everywhere else along the CA coast.

Most want both the Barbara Corcoran lifestyle and the passive income.

@Barbara S.