Not an expert here but my Brother is a heavy equipment operator in Northern CA and did a lot of the fire clean up when those fires happened and he mentioned contractor might need hazard waste removal license..

The calculator estimates that operating expenses are equal to 50% of the monthly income.  50% is a rough guide. 

The website works to connect STR owner/operators with reputable cleaners in the area you're located.

By the math of it, CA is making it impossible for carriers to operate in CA areas of fire risk.

It depends on where you want to position yourself in the market and what makes sense from a business perspective in relation to your overhead / operational costs.

I think some min level of regulation benefits everyone, including wholesalers who currently operate in no man's land. 

Any pros/cons on either or any other operator suggestions would be greatly appreciated. 

Greystar Real Estate Partners, one of the defendants, released a public statement claiming they operate with “utmost integrity” and will vigorously fight the allegations.

With less experienced or just poor planning operators, it isn't uncommon that they spend years distributing all the cash out to the owners, and then the time comes for a multi million dollar refresh to maintain the hotel brand, and no one wants to cough up the money back into the entity.

This is the kind of thing the bank you keep all your operating funds in should be happy to help you with.