A word of caution, though, from calling tens of cities and counties here in Colorado, even the supposed experts don't always know what their own short-term rental rules are.

States that do require a license to lend/broker on 1-4 Resi Investment Properties: CA, ID, OR, NV, AZ, UTStates that do require a license to lend/broker on 5+ Multi/Mixed Use or Commercial properties:CA, ID, OR, NV, AZ**not legal advice - do your own research. 

I know BP has books on multifamily investing , but I wasn't sure if it was specific to syndications or buying properties on your own. 

I own a 2/1 in Washington West and my tax assessed value jumped from $250,000 to $372,000 over night which increases the bill by almost 50%.

Partner Driven financed the Spruce Street acquisition using its own capital, covering both the $200,450 purchase price and the $16,000 renovation costs.

Maybe a more cunning way to move forward would be to own a motel, maybe with a very experienced motel business partner.Or maybe a Pool Hall, or an LP in a new waterpark, or something like that.I've seen hard times crush men, and I've seen hard times make men refused to be crushed and come back X a ton.It's all in the mind and the will to keep fighting.Many in here have given possible ways forward.It would seem wise to focus on building up a pile of cash again.Talk to your tax consultant about the specifics of your situation too.....Good Luck!

We’ve owned the house for 20+ years and have great equity in the house, which was built in 1997.

So if the landlord only owns one four-plex, or two duplexes, or a single and triplex, and the landlord is a natural person (not a corporation or partnership), or the landlord is an LLC in which all members are natural persons (no corporate or partnership members in the LLC), the landlord can still require two month’s rent as security deposit.So for those CA investors who invest in properties with four rentals or less, and place each rental property into its own LLC, and the LLC members are all natural persons, those investors can continue to require two month’s rent as security deposit.

BUT if you cross collateralize with another property you own that has equity, you’ll be able to get closer to 100% CLTV.  

A good PM will also make as much or more money, net to the homeowner, than (s)he would on their own.