Since we are building a spec house in San Clemente, CA, within a mile to the beach and Metrolink station, I was curious about the potential it would have as a VR (Vacation Rental) and pulled this off both VRBO and Airbnb for the summer months, and whether it would make sense for an investor.

The gas station still needs clerks, Wal-Mart still needs clerks, fred myers will  still need help ETC.

And soon It will have a rail line between Union station and the airport.

I'm stationed in Italy all I can really do is call a few banks for info.

There's a light rail station right through the area, with a bike path alongside it for easy access to downtown.

Fruitvale area has the same industrial vibe, authentic Hispanic cuisine, BART station and some fancy live/work areas just off the interstate.

The salon owner takes care of the overall rent and the individual stylists pay to rent a "station" or "chair", with common expenses (water, electricity, etc) included in the rent.

Lots near a main station have gone from R1 or one house on roughly a 50 x 150 lot up to unlimited density if you follow guidelines on setbacks, parking, landscaping and stay below 60 feet total heights.  

We have a property (dumb luck....sorta) at a light rail station and zoned for crazy density.  

I am hoping to do this at our next duty station if the location is conducive.