The rental restrictions are getting stricter so check the laws/rules before purchasing.

However, it comes with other restrictions such as needing to use commercial lending and having to operate it as an independent entity, as it is a legal entity, to maintain and protect the LLC's corporate veil.As for the real estate market, I'm further west into NJ so can't help you much there.If you want to chat, feel free to direct message me.

Lot of lands that are coming up for sale are on the flood plain zone so need lot of help researching for flood plain issues, deed restrictions and most importantly selecting an appropriate town.5.

(I don't like this approach) Or offer the tenant the option to sign a new lease with us if she wants a pet prior to her existing lease expiring (and obviously write in pet deposits and applicable pet restrictions/rules)?

For example, there are often HOA restrictions on renters. 

First, don't restrict yourself to one agent...and above all, don't sign any exclusivity agreement. 

Further, they restricted even out of town owners from visiting their own properties during the lock downs.

Due to 1031 restrictions we can't usually do syndications or Funds.2) Individual rentals - We could roll this into 10-20 individual home rentals (love the appreciation, like the cash flow, hate the complexity of 10-20 individual homes/insurance/loans etc.)3) NNN leases - This may be the simplest option to park a lot of passive cash, however with approx 5-6% yields it seems like the market is undervaluing risk in retail/hospitality/restaurants (where most of the NNN lease deals reside).I'd love any other thoughts people have.

Due to 1031 restrictions we can't usually do syndications or Funds.2) Individual rentals - We could roll this into 10-20 individual home rentals (love the appreciation, like the cash flow, hate the complexity of 10-20 individual homes/insurance/loans etc.)3) NNN leases - This may be the simplest option to park a lot of passive cash, however with approx 5-6% yields it seems like the market is undervaluing risk in retail/hospitality/restaurants (where most of the NNN lease deals reside).I'd love any other thoughts people have.

Mark,One more possibility to consider:AirBnb is severely restricted in LA.