The new year is going to dictate how quickly people will start buying but there are many business planning to create budgets for each sector of real estate for LTR or STR.

Once the property is found, and that is relatively simple since our market analysis dictates what market we are in to begin with, we have cash partners, credit partners, lenders, etc...all waiting for us to say "go".  

My schedule is often dictated by how well (or unwell) the plant is running.

And, which is more important - the relationship with the family member or the relationship with the boss (actually think about this - and don't fall into the trap of saying what social norms dictate)?

Generally the market will dictate your rents.  

@Terry Lao - HUD dictates the initial lease term and that must be 12 months, plus the partial month if the move-in date is not the first of a month.

Perhaps being in California there are regulations that dictate what you must do that may be different than other states.

Don’t let them dictate the terms of your business.  

But, I do feel like he is lying to me about doing the permit process in the backend, and instead of telling me that maybe he hasn't had time to even start the process, he has been lying to me this whole time about even starting the process, because I have NEVER heard of government employees bypassing the process dictated by the government, just to help someone out. 

You could move out after a certain period of time (dictated by loan terms) and then have both as rentals.