Per fair housing regulations, I can't answer this question. 

I loved being a landlord and felt good about it, but since its gotten to be so regulated and anti- landlord here, its best I get out.

What are the special regulations that I need to know in order to flip houses?

I live in Tahoe and there are multiple restrictions on STRs so if that is in the plan check the local regulations. 

If your unlucky enough to invest in these areas your “wait” for a rebound might be quite a long time - or forever.  2 - Governmental Regulation  - Rent control, rental use regulations, property taxes, zoning, etc.

Sometimes it's ambiguous, but even then, why should I bother with the company that has numerous unresolved lawsuits, versus another company that is virtually the same but has none.

Revenue potential for cost and potential STR regulations will be prioritized over a long distance value add.  

Conventional financing is geared and regulated for the owner occupied homeowner and is designed to protect that borrower from poor lending practices.  

Happy tenants are more likely to renew leases, reducing turnover costs and vacancies.Legal Compliance: Property managers ensure compliance with local, state, and federal laws, including regulations on rent control, fair housing, tenant rights, and eviction procedures.

I’ve done some research on the local regulations and the market, but would appreciate more insights before moving forward. - Is Big Bear Lake still a profitable Airbnb market in 2024?