@Joe Splitrock  where I vacation at the beach in Ocean City MD, and the Delaware beaches, it is traditional for rentals to NOT supply linens. 

To name some passive options you could invest in a Delaware Statutory Trust (which you'd purchase from a financial advisor), or a syndicated tenant in common structure (similar to a Delaware Statutory Trust).

Losing $4600 in impact fees and not being required to PV solarize(California-mandated for new construction only) like I thought is a huge (-$11,000) help.

@Edith Alvarado de Cortez one option is to buy a property in need of rehab using seller financing which would allow you to pay for the rehab using credit cards. 

Originally posted by @Roberto De Leon:Hello,  Does anyone know if I can convert multifamily into a short-term rental?

You will be able to set up the DST with a one time filing fee and paperwork with DE and then will be able to create unlimited child trusts underneath the parent DST (child DSTs do not require any additional filing fees or state paperwork).

I owned a duplex off of Delaware Ave, near the Spectrum for a couple of years. 

For an excellent Realtor who knows all things STR in Santa Fe, Casas de Santa Fe owner, Todd Davis is a power house on the topic. 

Do any of the properties you see coming back have solar?

- Should I form the LLC in Delaware as we may buy from different states?