Naturally, this is a numbers game, and the way we stay in and expand business is by maintaining the numbers. 

You can have the building inspector in to determine if the work is to code and, assuming you had all permits pulled, you can make the contractor redo but most of the work sounds cosmetic in nature.

Pick your preference of natural disaster. 

Im probably better at it than people naturally built for it because I work hard and have to make a conscious choice to be successful at it as opposed to some it comes more naturally to.

Barring a natural disaster I can withstand any economic cycle we are in. 

Given the expensive nature of San Francisco I was considering out of state.

It sounds like being an apartment investor would be a natural step up and compliment your single-family experience. 

It is inconceivable to me that a "203k consultant," as is termed the general contractor running the debauched scheme, would choose to become one without milking the program for every penny he could get out of it, and, by natural extension, the aforementioned schmuck.

Now, at the same time, any rental lasting longer than 31 days is NOT considered STR, so besides LTRs there are also options of executive rentals and things of that nature that are not year long leases, but still "short term" in the sense that they're only for a month or two.And to your last question, again from my understanding and someone else could also speak to this, a STR permit can be held in the name of an LLC (I believe).

@Jay Helms - Yes makes complete sense - I need to do a better job of finding a like minded group - I have had lukewarm results with partners i have chosen to date and my independent nature makes me scale back that effort.