A few of my husband's colleagues have STRs and one pays 40% for management, so we thought 30% was good!

Thank you for the thoughts!

In San Diego I believe rents can only be raised by 10% per year (or 5% + local rate of inflation, whichever is lower)The idea of evicting a long-time tenant is awful, but I realize being a landlord involves difficult decisions and the real estate business is a business.Thank you for your thoughts!

@Matt Devincenzo I thought it varies by State whether spousal llC partnerships are also disregarded? 

We engage in variety of strategies/tactics, including wholesaling, flipping and rentals (long/short-term) for acquisition of  single and multi-family properties, and small apartment units (5 -50 doors). 

Just going to wait another month to save up another $2,000 that I can use towards repairs on the 5th house.Hi Derek,New to investing here and wanted to get some of your thought processing behind your deals.

Additionally, what are your thoughts on doing a vacation rental as your first investment property?

I originally thought it would be an issue and provided streaming Charter but when I would ask after stays I was always told either no one bothered watching TV at all (too busy at the parks, etc) or they all had their own streaming services already and didn't need any.

Ultimately I had to engage our title policy.  

Hey there, I would be happy to give you my thoughts on your strategies if you want to set up a call. the underlined statement is completely incorrect though unless I am misunderstanding:" Nearby Rural: Limited development might mean slower changes to the landscape but potentially fewer surprises.