So I would say to carve out a few hours every month to review the performance of your properties, and check in with your management team to make sure everything is operating smoothly.  

When looking for short term rentals be sure to check local ordinances and restrictions.

Check local Facebook Host groups or check with a real estate agent.My 2 cents,Mike

They actually want invoices, receipts and checks for as documentation.http://hcidla.lacity.org/blog/what-just-and-reasonable-rent-increaseI have a few questions myself:How would you find documentation to establish the baseline for 1977?

@Darrin Kelsey I would check your local meetup groups, but if you can't find one in your area reach out.Good Investing...

Thanks going to check it out.  

Make sure your due your research and create yourself a check list that makes sense to you so when your out there making offers you can take that property through your checklist and see if that property meets your needs for what you are trying to accomplish.

From there, you can write checks for whatever investments you want from crypto to real estate.I'd move in and out of some small fix and flips to build the account up. 

I would always say check with your tax professionals.  

While sites like Alltherooms and AirDNA have some good market data, they're not always up-to-date on the legal side.For the most accurate info, I suggest checking the city's official website for the latest on STR regulations.