Highly recommend hiring a lawyer that knows CA landlord tenant laws inside and out in your specific area. 

If you're struggling to get started and don't know where to look, I'd highly recommend doing a house hack. 

The 4/2 with heated pool ranges between an ADR of $303 a night in the slow months (Sept-Oct) to $545 a night in the high season (Feb-Mar). 

High level $200k for a $36k gross return is a low yield..however I think there are a few variables..with 35% down you should be able to get stronger lending terms, if the seller is workable you could entertain a concession towards a rate buy down for lower obligations, possibility to look at shorter duration (ARM) loans if you only intend to own 3-5 years which could also offer a lower rate.

At the higher end golf communities, HOA fees are expected and that's that.Are you thinking about buying a property that has a high HOA fee?

Any suggestions are highly appreciated!

Immediate body harm, life injury, and or property damage was a high risk.

we pass on at cost, keeps it easy to respond to guests when they say our cleaning is high. have even proved it to guests before- some people just like to see it and most i have done that with have become long time rebookers.Make money on your house and pass along fees at cost to me thats the best way to go and has been fruitful for us 

Just to be clear, YOU don't have to be the operator, but YOU need to have known how to do it and ensure the operator you employee (either as in house or through a PM company) needs to know how to do this at a high level.  

Partner Driven was interested in the Woods Drive deal in Decatur, GA, due to its high profit potential with a purchase price of $240,000 and a sale price of $355,000.