When you say AirBnB you are limiting your marketing options like @John Underwood said.All homes are going to have different occupancy rates throughout the year based on numerous factors.

SD total profits long term are among the best in the nation ... the trick with SoCal is in hedging your bets in the short run and opening up your mind to the possibilities.

Consult with your attorney but I would expect your lease provides that tenant is in default for late payment, triggering numerous default options (acceleration of outstanding rent owed, right to evict, etc.) for you as LL.

Most recently, Derrick managed over 500 properties via a third party property manager network covering 13 states for a national property management company.

@John  welcome to Buckeye Nation!!!

I think the hot market status will continue after this national boom dies out.

Haven't been able to find a savvy real estate CPA that can do both, national and international real estate taxes as well as foreign earned income (given that will start soon renting on Airbnb).

Durham has not yet tipped on the national vacation radar (though with the PR coverage in Vogue and other mags, I think that is coming).

Definitely reach out to an insurance broker in your area along with other national companies and you'll be able to get the best quotes for what you need and want.

I sent numerous emails asking if they needed any further detail or if any additional paper work was need.