Usually it requires 24 hours notice.

With an S-corp you are required by the IRS to put yourself on payroll, pay reasonable compensation wage, and provide yourself a W-2 along with all other necessary payroll filings. 

Also if it is a drainage access that is likely different and the town may have requirements.

I have to adhere to the Bank Secrecy Act and the Anti Money Laundering provisions of the Patriot Act as a bank which requires I document and report transaction activity to try to ferret out money laundering, straw purchases, structuring and so on.

The good part about practices is that they require less fiscal investment and generally can be better "cash cows" than a business.  

Plus the Smith's water is the color of a Bombay Sapphire Gin bottle.  

This would require a high down payment and I would be splitting equity with my partner.Option 3 Don’t Buy in San Diego: I am open to investing out of state but would likely not house hack and instead would setup a LTR or STR.

@Orlando AlbertoAll real estate investment strategies involve risk and require capital.

[Im also aware that most lenders require up to 6 months of reserves.

I'm not trying to get in over my head on a project that will require more then I have to give (in time and knowledge), however my job does provide me some flexibility.