If a party is not notified, the statute df limitations does NOT begin until they get notice. 

Is there no limit when it comes to equity?

With your parents down the street, you could just bring your necessary items leaving seasonal clothes storage and other things at their place to limit your items needing storage to free up for the paying roommate.

there was a young man from Davis or Vacaville who was getting going about 6 months ago in that area.. maybe he will surface.. he was trying a little of everything.. ( with I think limited success) but I think he decided he just was going to get licensed and try to earn commissions instead of spending so much money with no result.

real estate is anything but no work  yes limited to no physical work but to be able to live off of your investments takes time and frankly more seed capital. but the biggest bang for your buck with 100k is going to be using it as a downpayment and do fix and flip... but you need to be very cautious.depending on your market this could be one or two flips that would make 20 to 30k each and you could do two a year.not sure if 40 to 60k a year income would do it for you.. some it will some it wont.. rentals NO way no how not in todays markets..at least to start.you could do the BRRR pay cash and refi.. but yoiu need a job and great income to refi.. ?

While some people are making it work it’s illegal in much of the valley and limited to 1 every 600’ in the rest and/or a minimum 30 day rental.

@Austin Petrie Great question and I agree that MIRR is, generally speaking, a more useful measure than IRR. 

Are you planning to flip or buy and hold, from my limited understanding Auckland can be rough for the latter. 

I just want to automate routine AirBnb message traffic so I can limit the amount of time that I'm on my phone during the day while still keep customers happy (VRBO / Homeaway don't seem to need instant responses in my area).  

My knowledge of them is limited so I can't speak to their business model.