Asking in the correct forum will get a better response.Read the RULES!

A lot were doing air bnb up until the new rules came in place for the city of San Diego but you can still find a property outside the city that you can potentially do STR with to cash flow. 

When i first got into real estate 46218 homes were 40K rent ready and they met the 2% rule.

Asking in the correct forum will get a better response.Read the RULES!

@Jonathan Carter I looked in a lot of places and I realized that many laws and rules can be interpreted in different ways.

We see a lot of success in the suburbs:Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

Create a "fireplace house rules" addendum and have tenant sign it.

Also, don't forget the cardinal rule is sales: every "no" brings you closer to a "yes".

You'll want to be clear on the IRS rule for material participation if you do decided to switch to property manager. 

Is there any way to divide a lot under SB9 without having to live on the property for 3 years as required by the current rules (at least in Riverside, CA)?