They have already called a real estate agent to list on the MLS and when the agent comes over to take the listing, they tell the prospective seller that the dog poop in the living room has got to go.The rot in the bathroom behind the toilet needs to be fixed.

In the area I lived the properties were too expensive (Watsonville CA) so I began doing farther searches out of my area.

For example, if you live onsite. 

Just to present an alternative point of view regarding California residents investing in STRs, I'd say the gambit still works and works well.For one thing, you still get to use the Section 263(a) tangible property regulations' de minimis rules, which probably mean you can immediately expense most of the furniture and fixtures in your STR.For another thing, while for your California return you won't be able to use bonus or accelerated depreciation for the personal property, you will still use shorter 5-year and 7-year lives for maybe 25% of the improvements.But the big thing: The federal tax bill is far, far bigger.

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This is my market and I live and work in 78610.

Hey Scott,I have family members that live in Greenville, North Carolina, but I myself live in Creedmoor, North Carolina.

Also, if it fits your budget and your business needs a write off BPCON lives up to the hype. 

I'm planning on buying a small multifamily first and foremost so I have a place to live and then will either buy a single family or another multi family depending on what I can find/fits my criteria at the time.

My plan is to sell my primary home in New York and purchase a house to live in South Carolina.