I know you have to crawl before you walk, but I have a disabled child and I need to be mindful of the environment I place her in.

The 10 year treasury bond bottomed at 1.95% on January 1941 rose to 14.59% as of January of 1982 making it a 40 year interest rising environment. 

According to Voices of San Diego, it can take up to a year to obtain the permits, and because the city's crackdown on AirBnB is so recent, many aren't aware of the regulations that come with the territory.

My first rule is: Report to the Landlord in a timely manner any defects, maintenance, or damage in the Tenant’s Premises, or the inside or outside common areas, so the Landlord may remedy in a timely manner and maintain a safe and comfortable environment for the enjoyment of the Tenants.

Now I or Account Closed may not be able to cite the MREC regulation that prevents this...it could be a regulation, it could be determined by case law, or it could have been enacted by congressional act, or as is the most common case it is set out in a guidance memo by the MREC that is distributed to brokers, then brokers in turn tell us how to act in the market place....but it is the case, as we have this type of stuff drilled into us over and over again by instructors in our CE classes, and our brokers.

I would say talk with the tenant in a calm manner explaining you are the new owner/landlord and would like for him to clean up the backyard because you are trying to maintain a clean/safe environment for the neighborhood.

Lots of regulations to keep track of.

Any transient taxes or difficult regulations?

One of that of the Federal and local regulations on rehabs have been around for 15 years and NO ONE has been applying them EXCEPT for the new trendy group that keeps us all on our toes...new gov't?!

Determine what is most convenient for you, keeping in mind your state landlord tenant regulations, and inform them immediately.One option you should not ever consider is picking up the rent payments yourself.