There will be properties which, for a variety of reasons, will be outliers for a period of time - when you have one which runs below this window, you smile and profit, but it would be unwise - and unsupported - to build a business model based upon a {temporary} outlier.Windfalls are more pleasant than shortfalls.

If a landlord follows the laws in LA (set in 2005), which includes paying for temporary relocation including food, lodging, telephone transfers, moving expenses, etc, the landlord can apply 50% of the costs of improvements on to the lease (capped at 10% increase). 

Looking to buy a property in Gulf Shores, AL to turn into a STRWanted to see if anyone has had any luck on a property like this in Gulf Shores.Thx

If they have your back, and you have the place insured with airbnb and privately id assume, then id say pick your battles, kiss some *** even if you’re in the right and try to get through your first quarter then bump the price, restrict locals from instant booking or at all, place a higher deposit on bookings, have a 2 night min and just realize its temporary.

I have seen you indicate that owner occupancy is required for owner/builder but that is not the case for any jurisdiction I have/had properties including city of San Diego (your old stomping ground), San Diego county, escondido, and Gulf Shores AL.  

Looking in Gulf Shores area.Condos seem more available for purchase, and also often come with better views/accessibility to the beach.  

And if I live in teh flip, it would be temporary.  

Majority of those doing it now are doing it from off shore ergo the bad English. 

It can be overwhelming yet it's temporary.

This is why I advise everyone to put HML as a plan Z, the absolute LAST resort and to only consider once everything else has been exhausted AND with EXTENSIVE consideration to assure, without a doubt, it will be very short-term and is ONLY a temporary bridge-financing.