While I understand that, my understanding and what our own attorney has confirmed, is that there should be an individual who serves as the guarantor in this type of instance.

Purchase price: $210,000 Cash invested: $265,0003 Bedroom, 2 Bath, 1600 square feet, single family residence within city limits, on sewer, in residential neighborhood.What made you interested in investing in this type of deal?

I also put in exclusions for the water heater and furnace so that they are responsible for those.What type of language will make the AS-IS language stick and make it very clear that they are required to maintain the heating and water systems?

Curious if you have thought about what type of property you will tackle next?

What made you interested in investing in this type of deal?

Unless it's a very restrictive area, typically this type of housing is allowed with 30-day minimums. 

I am particularly interested in:1. what types of properties are currently catching your attention for investment?

Hello everyone I wanted to ask here, In the state of California what can make a bedroom legal, what type of requirements do you need to meet?

I do not want to go into another vacation market but rather a metro area with a more diversified economy again just to get into a different type of asset.That being said I do want to continue to short term rent the next few properties we get at least in the first few years of ownership in order to increase cash flow to combat these higher prices and carrying costs before potentially converting to more passive long terms down the line.Therefore I am looking for markets that 1) have a decent draw of visitors year round 2) have regulations that allow strs in some parts of the city 3) Are in growing cities in the west or south.Below is a list of markets I have identified as potential places to look and I was hoping to get some insight from either other investors doing the same thing or agents/investors in any of these markets on whether this is potentially a good market to explore or not.1) Salt Lake City (this is right at the top of my list due to its proximity to ski resorts, expanding of the airport and long term strategic business planning of the area but I have very little knowledge of this market)2) Denver 3) Phoenix (used to live in AZ and like the fact that the state of AZ seems to look favorable on strs)4) Tucson (see above but lower home prices/potentially less appreciation)5) San Diego/LA (these are attractive because of their proximity to my home in Irvine)6) San Antonio (love that it is very close to the booming Austin and feel that this is a market that could see some real growth in the future)7) Tampa/St Pete (I have always been very interested in this market for both short term and long term rentals)8) Raleigh (have invested in Charlotte and love NC but again very little knowledge on this area)Any insights or advice on any of this would be greatly appreciated.

What made you interested in investing in this type of deal?