Not easy to do, not in a heavily regulated environment. 

Hope that’s kosher…You might also want to consider moving your notes to a servicer, thus you'll be in compliance with all applicable statutes and other crazy regulations spun up by Liz Warren. 

Regulated by the county of Riverside not the city, thus not subject to the restrictions.

The amount of STRs that will pull out in non-regulated areas will flood the LTR and MTR markets I am presuming.

This lets you bypass the traditional bank financing with many rules and regulations.

Was it finding the right market, navigating local regulations, or building a network?

Short-term rentals would be a solution, but due to strict short-term rental laws in rent-controlled areas of Los Angeles, options like Airbnb are typically not feasible.At present, I have a $5 million property in Encino with two units that we cannot rent out short-term due to rent control regulations, and the numbers don’t work for a long-term rental either.

If you buy in the proper STR areas there is practically zero regulation risk. 

Legal ConsiderationsZoning & Regulations: Make sure the property is zoned for a duplex and complies with local regulations.

@Lena CastellanoTo prepare for your first real estate purchase next year, explore house hacking options, research rental regulations, network with contractors and investors, practice deal analysis, join local REI groups, and connect with agents.