I grew up here, and my father and I are active investors in the valley.

Honestly, my main concern is the foundation, even though it looks to stand up right now, when will I start to have major issues are my thoughts!

My name is Edgardo and I am a junior at The University of Texas at San Antonio where I am majoring in business administration management and a full time employee at a law firm.

They gave 30 days notice (actually 37), they agree to let me market the home during their final 30 days tenancy, they paid a termination fee equal to two months rent, and they remain responsible for rent and utilities until their termination date.If they leave and it still takes 60 days to find a new tenant, I've lost almost nothing.If they leave and I place a tenant right away, I made an extra two months of rent.I actually make more money on the vast majority of early terminations.

Before you do that, you have to decide whether you want/can be active or passive investor.

In addition the majority of the not so experienced are either out of state (OOS) or planning on going OOS.So I am not recommending against going to the San Diego BP social as much as 1) setting an expectation 2) suggesting you may want to go to a meetup maybe associated with an RE investor club.BTW there used to be a near monthly BP Meetup at various RE investment properties. 

Keep in mind that majority of longer term investments normally offer equity.

I am asking because I always come across discussions mentioning the 21 days rule, but never heard about the 60 day rule.This could have major implications, as by the 21 day rule, landlord would have to return the deposit by 07/21, and would potentially lose rental income for August, depending on the market, as rents are typically hard to collect after the deposit is returned.

IRS Audit TacticsThe IRS uses the initial interview to secure a statement from you as to hours worked and activities performed on your airbnb.

I'd like to meet the guy who came up with these % rules....Your capex ("major improvements") budget is a function of the age, the condition and the replacement value of them home.