There are no municipal-level rental restrictions. 

I own a home and have one rental property in Southern California.

I am wondering if I can claim it as a repair(counting against rental income) or if it must be claimed as an asset (with depreciation benefits)?  

just double checked my lender is now 80% LTV for short term rentals only 85% for long term rentals

Hello Joshua, we invest in West Texas area, all short-term rentals (4 1/2 years experience).

Here are a few strategies that might help:- Leverage Industry Benchmarks: Many investors use a percentage of gross rental income as a quick estimate for operating expenses.

We want to get a few rentals up and running and then (if all works well) begin bringing other friends/investors in to invest with us.

I am an aspiring investor educating myself in the rental game.

Don't talk yourself into a place because of personal use.Buying a $475k condo that brings in 35k in gross rental income will lose a lot of money.

Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.