Thank you.While I am lending exact direction, you will need to dig a bit more on the statutes, to gain full comprehension of the statutes in reference your question.     

@Ericka Parrott exactly!

If you're looking for cash flow you can easily make $300/mo net on a single family property in a better neighborhood/condition.

I was just on their website looking at the permit process:CityofSac-STR PermitLooks like 90 days max until you get a conditional use permit but still reading as it seems a little unclear:A short-term vacation rental may operate from a location that is not the operator's primary residence for a total of 90 days in a calendar year.

Not exactly sure what Safeguard does but if they are originating notes for owner occupied properties then they need to follow the Dodd Frank rules and anyone buying such notes should make sure they did.  

VG is the exact same thought process of why investors buy Turn key rentals through turnkey brokers or turnkey companies..

Its proximity to campus, turnkey condition, and rental history make it particularly appealing to investors seeking high cash flow and low vacancy risks.

It's this exact concern I have with dynamic pricing when I posted a few weeks ago about the RealPage lawsuit:https://www.biggerpockets.com/forums/530/topics/1225872-long...I'm sorry you're going through this.

I don't know exactly for sure, but after I call Airbnb CS and have them search for my listing, I get a booking request in the next day or two. 

And, sounds like you're exactly at the 1% rule, which is golden!