Quote from @Christopher Berra: Quote from @Kevin Perez: If you want any advice feel free to reach out all of my rentals are S8 in several different states - every state has their own rules and guidelines but reach out if you are still interested What has your experience with Section 8?

Warren Buffett has a rule 1 of investing, which is "don't lose money

I would also be worried about the park rules and keeping my guests from breaking them.

Generally the rule is - if you are changing the location(s) of electrical or plumbing fixtures, you will need a permit.

As a general rule, each entity that files a separate tax return (partnership, s-corp, c-corp, etc) will need its own QBO subscription.

That means no HOA neighborhoods, which rule out many places.  3bedroom might make it tough to work, unless you're sleeping in the laundry or garage and renting full 3bedrooms. 

If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!

@Robert SandovalHave you looked into the rules and laws in CA for what requires a broker's license? 

You have no idea if they are following the law, AirBnB rules, paying taxes, etc.

@Ginger Vaadi I would agree the 50% rule probably more accurate over time.