@Bjorn Ahlblad I've run numbers on several multi family residences. none of them had a ConC return above 7%.

In addition to over 30 business-related transactions, I've completed 3 personal residence transactions.

Single family residence in Los Angeles (built in 1962) has only 1 covered parking spot, and a second cannot be added.Do I have to comply with current parking requirements (2 spots) to add a detached accessory structure for storage etc. 

If the inspection results indicate no major fixes are needed, it will have that going for it, plus it's located in a low crime area, and the target tenant for this kind of residence is less likely to trash the place (B+ neighborhood). 

He's not looking for an investment, just a primary residence. 

I bought their house as my primary residence.

Citizenship and residency become an issue for non-us tax paying entities. 

After reading so many stories of success here on the site and really thinking pretty heavily on my future I had moved to the conclusion of renting out the home rather than “house-hacking” or making the home my primary residence.

I am new to real estate investing but I have lived in Atlanta for 7 years now and it seems it is a good time to dive into Airbnb and other short-term rental solutions. 

As well as a certain percentage I’d like my personal residence paid down to.