So, all in all, it is very similar to what yours would be with an ADU, and that one is getting a total of $5,300/mth for both units (keep in mind that house's 3rd bedroom or office potential).Looking at Pasadena's STR rules, it appears the property has to be a "primary residence" of the host, defined as where they reside at least 9 months per year.

Check out my post from a few months ago - https://www.biggerpockets.com/forums/530/topics/1144123-lend...I did a survey of a bunch of lenders to find out their policies on active STRs and how they are valued.

Currently researching reputable turn-key providers that are active on the BP forums.

And keep in mind many of us double our money all the time in Real Estate ventures..

I am looking for turnkey homes in the $60-85k purchase price range ( I have several I am actively pursuing) I am hoping to keep as much of my capital as liquid as possible for payment reserves/CapX that may arise. 

Hey Trent,Couple things come to mind for me reading about your situation.

With this in mind, the individuals protected by this proposition may be more interested in moving, which will help free up some of the inventory and give buyers more options when it comes to purchasing a home.At first it seems like a good idea... till you get to the part where they increase property taxes.

Experts and seasoned investors who could have access to private lenders or who are private lenders themselves are frequently included in these organizations.Attend real estate investing classes or educational activities.

I use pricelabs and have guesty for hosts but wouldnt mind saving the money if they do the same job.Any input is appreciated!

Keep in mind if you are keeping the Riverside home for the long haul for children it will be challenging.