If the logic of managing an STR is active income, the amount of effort to be a developer is far far more than managing an AirBnB.

As the home sits right now it will cash flow about $100.00 to $150.00 a month if I self manage it due to tax hikes and the homestead tax credit not applying after it becomes a rental.

There are markets in CA that can work and will require a different strategy than markets outside of CA like Reno, Nevada or the Midwest. 

@Jefferson Black- thanks - I am not aware of any lender that  will do a loan on an INV  manuf home property ...you might contact the local small to mid size credit unions and banks in your area ...you also might try the bank that you have  funds deposited at - good luck

LTRs provide stable, consistent income with less turnover and typically lower maintenance. 

Edit your post with something better than PM software!

Are there specific types of properties you're focusing on more or less due to these changes?

I'd be more than happy to chat about the market, communities, Section 8 and any other questions you may have.Feel free to reach out anytime!

I hold two properties in an LLC, one property is currently a STR with less than 7 night rental on average and I provide hotel-like hospitality services and materially participate.

Less hassle since everything is brand new.