@Jason Dillard Great point on maintaining tabs on current basis in the house instead of only at the time of acquisition.

You can forget about maintain the home if you rent including the possible capital expense items that may happen before you raise your reserve account used to save part of your rental fees plus you will eleminate travel expenses to keep up with its maintenance and possible capital expense repairs. 

As long as you pass the tests, maintain the CE, and pay the dues. 

So if one partner wants to sell it would be just for the properties we own the two of us and would have no effect on the others.  

This is not cost effective for a rental based on the fact that no investor knows how long they will hold. 

park owned homes are not a good thing.. they are tough to maintain the parts are not available like regular houses you may want to rethink this.. banks generally will NOT lend on the homes and don't like parks were the owner owns all the homes because of on going repairs.. also you should put this In Market place if your trolling for investors.

Reinvesting it has no effect on the tax.Reinvestment within that activity, such as if you have a rental and if you spend that 15k to repair the house, which is expense, you wash out your income. 

So I have put some thought into this trying to determine what our best path is.I suspect that most areas of San Diego City do not have enough STRs to significantly effect the RE price in those areas. 

We should definitely chat as I plan to maintain my residence in Washington, DC, so property management will be important.

Ahh, the old Metzenbaum effect rearing it's ugly head again 😂