However, if we look at living in California these days.

So if you discount a small amount to get rolling, that is something that can work, but don't want to stay low for long.You will start to get the dregs staying at your place and they can do some real damage to the place.

Act like tomorrow might be your last day on earth because some day, it will be. 

These units are perfect for owner occupants, and they are perfect for related living as you have described.

I'm sure it's a little more efficient in larger cities, but my market requires up to 60 days to get approval.Lower your expectations with Section 8 tenants.

If you would like to learn more about how we can add value to your situation, I would love to have a 1:1 call with you.

Quote from @Ashish Acharya: Looking ahead to 2024 and beyond, you can treat it as an STR if the average stay is still under 7 days.

@Brian Chen I use rentometer and rentrange nearly every day.

There is a reason that even if you are Curry or Lebron, Coby or Jordan, as great as are / were, they are still in the gym, day-in and day-out, working on the basics to their last day.

Good stuff, it is a much different market today.