See the source here:https://www.irs.gov/retirement-plans/plan-participant-employ...Therefore, if your property management company manages 401k-owned property, it would be breaking two IRS rules: - Furnishing services to the plan- Receiving personal benefit (compensation) 

I would also add that if you're planning to pay cash ( and actually leave the cash in the house), if it was me I would 100% skip flood insurance in that area.

It's 2 properties, single family homes, in the SF Bay Area.Sharing some details that might help inform the decision, let me know if anything else would be relevant.One property fully paid off, generates between $20-30k in profit after expenses (property taxes, hoa, insurance, etc).The other property is our current primary residency and would operate at a loss of about $10k/year.I plan to travel back to the US at least once a year, could that be a deductible expense with an LLC? 

What do you plan to do when you hit the cap on days rented?

Start with a small plan and work from there.

We're planning to replace our galvanized pipe with copper this summer.

So either AirBnB thinks the new law doesn't apply to the cleaning fee, or they're still planning to do the same with that before July 1.In any case, it appears hosts will still be able to configure whatever fees they like for cleaning, pets, extra guests, whatever. 

From my perspective I would plan for more than 4 months for rehab and sale of the property.

Hi Alex - I think targeting smaller units like 1/2 beds if you're planning to target travel nurses makes the most sense. 

But, I really need to nail down a plan the is attainable and executable.