From CSLB:This section defines what an owner-builder is and the laws surrounding the practice.An owner-builder is what the term indicates: a person owns the property and acts as their own general contractor on the job, and either does the work themselves or has employees (or subcontractors) working on the project.The work site must be their principal place of residence that they have occupied for 12 months prior to completion of the work.The homeowner cannot construct and then sell more than two structures during any three-year period.Getting a GC license and going Legit is pretty difficult.

Establish good communication and relationships with your tenants to foster a positive renting experience for both parties.

In addition, services performed as an employee do not count unless the employee is at least a 5 percent owner. 

And yet…this crazy business has brought our family closer, we have a trusted group of employees who are proud to work for us (and we pay them benefits) and we keep on reminding ourselves that our guests are making lifelong memories when they stay in our homes.

There are several investor meet-ups across the state where you can meet someone with the experience and willingness to help foster your development idea (or at least connect you to someone who can).

Quote from @Dave Foster: @Tyler Prosser, Great strategy!!! 

It's a side hustle started aside of my employee job and I feel that this is my best plan to pay my 4 kids college starting in 2027 and secure my dream retirement in about 10 years.

Quote from  Foster: @Anthony Quint, the 1031 exchange is something you don't have in CA that allows you to sell appreciated real estate in the US and purchase new real estate while indefinitely deferring paying tax on profits.The thing about this for a non US citizen is that you will be subject to a 15% withholding called the FIRPTA withholding tax. 

@Dave Foster It was our primary, then moved to rental for last 2 years..thus fitting into both the 121 and 1031 options, no?

We have a small team of employees (some of which work remotely).