My family has an agricultural exemption on some acreage and we lease it to people who run 3 cows on it to maintain the exemption.

Fair return is calculated to determine if the owneris maintaining the net operating income produced by theproperty in a base year, subject to CPI-related adjustments.https://www.readkong.com/page/guide-to-oakland-rental-housin...2021 - GUIDE TO OAKLAND RENTALHOUSING LAW

More rental income than a long term rental (LTR) but less than a short term rental (STR) property.One thing to keep in mind is you are responsible for furnishing and maintaining the property and you might also be responsible for utilities. 

Maintaining clear boundaries between landlord and tenant is crucial.

Lastly, section 8 has requirements for a property to not only qualify for their program but must also be maintained at all times in order to maintain status.

To thrive in real estate investing, you must maintain a firm grip on your finances.

The property should be clean, functional, and safe.A well-maintained property attracts higher-quality renters that will pay more, stay longer, and take better care of the home.

Regularly review your property's performance, and if the ROE dips, explore ways to extract and reinvest the equity to maintain your investment momentum. 

Therefore, if you have a variable interest rate mortgage, you must budget for fluctuations in the financial market.Maintenance & repairsBudgeting maintenance costs is vital to maintaining healthy cash flow.

Hi friends,I have a vacant, well-maintained carpeted property that I am marketing.Since 70% of tenants are pet owners, I feel that I am missing out on a large market.However, I also don't want the hassle to completely replace my carpet after a tenant with pets moves out.