I have been working to educate my self on all the rules and regs for short term renting a home in Cathedral City.

Regarding property management, I have found that nearly all of my past owner occupier purchasers choose to self-manage.

Financed it my self How did you add value to the deal?

Hi, I recently dissolved a note in my self-directed IRA that was in default and took a significant loss.The amount I received is not really enough to get another note or do anything with it in the self-directed IRA.

I think once you verify with your home warranty company (ies) on coverage, home owner's insurance, lender and get hard numbers as far as PM's go (unless self managing), you consider the possibility of having a less desirable rental (if mixing long term and STR both- long term renters wouldn't usually want to have short term renters attached/that close by), your decision should be more easy to make based on numbers alone. 

One thing that is important to realize about being a realtor is that you will be considered "self-employed."

I have learned that self management
 is not advantageous to most parking owners.

A timeline I crafted over 4 years derailed it's self.

@Kunal PatelFICA taxes that you pay for your self are not deductible.

I have self managed and if you are going to be living on the property I would say it would be a waste to have a property manager. 5.