Check out SB13, it has a 5 year deferment of non-health and safety issues when built prior to 2020.  

Seems like a Pandora’s box to tenants buying pets?

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

That leaves you with six houses, your personal house, your life and your health. 

Also long-term health care policy. 

The market has grown exponentially with the growth of business like Amazon, ABC Supply, Dollar General, Shine Medical and Mercy Health.

However, there may be benefits of having a property management company set up.Can you now write off health insurance?

California Health and Safety Code, California Civil Code, and Title 22 of the California Code ofRegulations related to child care.2.

@Celeste Nadal check the state & local muninciple statutes as some no longer allow income discrimination - meaning you MUST accept S8 income.Overall, in our experience, you want to screen them like all other tenants.The biggest challenges:1) Rent is paid on time, but they trash the home2) S8 provider is SLOOOOWWWW to do anything.3) S8 provider won't hold tenants accountable for lease violations: damages, extra occupants, pets, etc.You may be surprised at how entitled some S8 tenants are.

I'm sure there are others who will have a different opinion.Going back to the beginning of my post, if you do have a strong income and deep pockets you will likely have more flexibility to make mistakes without significant risk to your overall financial health...but I'd still recommend starting relatively small.