I found this deal on HAR.com ...I met with the owner and explained how short term rentals was better than long term rentals and was guaranteed money based on the data and location.

Having some middle tier of tax rate between the 6.7% residential and 27.9% -- I think the fear among STR owners in Colorado is that unlike similar bills in previous years, this one has the support of several county governments.

But now, with the new CA laws, it opened the door to so much more for investors and home owners.But good news for you and all California home owners, impact fees for any county are eliminated for any ADU that is under 750 SF and capped at 25% of the standard impact fee for what it would be to build the main home is over 750 SF.

So if you find the right SFH, build an ADU, and you have now have two rentals, which do not have to be owner occupied.

I'm sure it's profitable, but idk if I wanna deal with the fallout of the clientele who would be attracted to the area.It would be owner-occupied, but I wouldn't be super happy about having that be a requirement to operate since that would force me into an awkward position if I wanted to use owner-occupied financing in a future purchase.

I've read about General Liability, Professional Liability (E&O) insurance, and "Landlord" insurance for owners who rent their own homes. 

I called the owner who was a flipper and we struck a deal we did not even have the full downpayment but he made a separate deal with us where we paid him cash for the deposit.

Part of you due diligence should include looking at past owners of the land. 

More likely to help you with franchisee or independent owners. 

looking to arbitrage a deal with a home owner I know, This might help the previous question above as well.