I was just on their website looking at the permit process:CityofSac-STR PermitLooks like 90 days max until you get a conditional use permit but still reading as it seems a little unclear:A short-term vacation rental may operate from a location that is not the operator's primary residence for a total of 90 days in a calendar year.

Thank you so much hope to hear some feed back !

This question crossed my mind recently after reading a post and some comments discussing whether an investor is experienced enough to raise capital from outside sources.

(Google UBIT or read Tom Wheelwright's book Tax-Free Wealth)Investing actively in real estate through an SDIRA voilates the self-dealing rule for IRAs.  

The other parts can be pretty much learned from reading or watching videos.   

@Taha - I am also looking for some feedback so let me know if you moved forward with them 

Apply for a dimensional variance on the vacant lot to allow a smaller lot and/or setback so it can be built upon.Your best first steps are to sketch a plan, possibly with an engineer's help, then contact the zoning department to discuss your idea with them to get informal feedback on your liklihood of success before you spend a lot of money.

If you read this and have any questions or advise, please commentThanksSergio Vasquez

I've been considering joining lately as well and would love to hear some honest feedback on it

Man that sounds really frustrating after reading this.