A ridiculous return for something we basically got less than a year ago.We live in a dense, popular and constantly expanding downtown metro area.

Also the 1% rule.The thing is when we first started diving in we ran into the same problem that everybody faces when they wanted to go to a popular restaurant: WAIT IN LONG LINES! 

@Joe ScaparraJoe , it looks like your a popular guy, we should start a meetup, I’d also like to move my family and I to Austin and invest.

As a newbie myself, I can say that this is a great platform with ton of information for all investors.

That way, the deposits are refunded back to the booking platform and then the guests re-book with you with new deposits.

I need to talk to tenants about setting up electronic payments through a certain platform and stick with it.

There is a popular one based on Southern CA(don't want to get in trouble by mentioning their name in the post) that your can research.

You can find sponsors who offer 506b investments on platforms like BP, or through networking as mentioned above, but make sure to take the time to establish a relationship with them.

I know lot's of questions for you and few answers, sorry.With all that stated, Phoenix is a popular market for CA as stated by Account Closed Phoenix is an easy flight and generally about a 5-hour drive from LA so it's pretty easy to visit.

I plan to move in for 6 months to satisfy the stamp duty exemption requirements, then I will use Airbnb as a rental platform to earn more income.