If the local zoning permits it, you need to check your condo/ HOA association next: most of them don't allow short-term rentals but some do.

I'm trying to help out other CA investors (I still think buying locally is better than an inexpensive property OOS where you can't check up on the property)I don't know the Peninsula well but expensive Palo Alto, Los Gatos, Cupertino would be Class A to me.

Not saying there aren't great deals and great opportunities, but they'd probably be a bit harder to find.If you're looking at Indy, I'd recommend checking out the north/northeast side, around Carmel, Fishers, or Castleton, that whole (pretty wide) area.

I'd check out Killeen/Harker Heights area. 

@Mike Dolan please check your inbox.

I will check out the find a lender tab.

@Joel Hunt You MIGHT want to check on that 1099 form --- there are a bunch of 1099 variants and I don't know them all.I guess it sounds like you are concerned that it looks like you made the principal and interest. 

I'll have to check out Wes Moss podcast.

Not sure) at the time of booking and then get to sit on that cash until the guest checks in.

Check it out here -SB9FAQ2.7l.pdf (lacity.org)