For non-primary residences, they have to follow all of the following rules to receive a permit: - the property must be a minimum of one (1) acre in size (designed as a precaution to disturbances)- The building standards of the underlying zone district must be met - Adequate parking is provided - Defensible Space requirements are met - Valid water and sanitation must be demonstrated - No more than five (5) bedrooms are in the dwelling As time goes on, they continue to become more strict on the rules listed above here, and are actively regulating it.

Unfortunately, we live in California so we would have to pay significant capital gains if we sell.Hi Scott, depending on the property and if you’re willing to invest in quality interior design, you could make more money as an STR.

The outside color of the house does not match my expectations for the inside design.

I'm a current NARPM member with both the RMP and MPM designations, as well as a member of IREM, where I'm currently working on my CPM.

We gutted the interior down to the cinder blocks, re-designed the unit layout to fit a more modern lifestyle.

If you're okay with not having any of those, then hey, they're an amazing free option that your tenants will like.Landlord Software:  Software and platforms designed specifically for landlords and typically have more than just rent collection.-  Pro's:  Additional functionalities, such as tracking maintenance, automated bookkeeping, screening reports, etc. 

Here's my primary reasons:Expenses disproportionately impact lower rent collecting properties For illustration purposes compare two identically designed 1+1 duplexes in the same market.  

The Order finds that White signed these letters as ORES's part-time CFO, or using his CPA designation, but did not verify whether the statements were accurate.Without admitting or denying the findings, White consented to the SEC's Order finding that he willfully violated Section 17(a)(3) of the Securities Act of 1933 (Securities Act), and he agreed to pay a $60,000 civil penalty.

Any amount over your adjusted basis in the property (initial cost minus depreciation) could be subject to capital gains tax unless you reinvest it strategically.2. 1033 Exchange (Involuntary Conversion): A 1033 exchange (involuntary conversion) is specifically designed for situations like fire, natural disasters, or eminent domain.

It's user friendly, with a modern design.