The ones I have in my home require cleaning and maintenance, and I have my doubts about people keeping up with it.

With an S-corp you are required by the IRS to put yourself on payroll, pay reasonable compensation wage, and provide yourself a W-2 along with all other necessary payroll filings. 

First, you have to buy it on the courthouse steps to claim ownership - that is required to rent out the property.

Even if you owe tax that you cannot pay today, you should still file to avoid a 5% penalty per month for failure to file.

Also if it is a drainage access that is likely different and the town may have requirements.

I have to adhere to the Bank Secrecy Act and the Anti Money Laundering provisions of the Patriot Act as a bank which requires I document and report transaction activity to try to ferret out money laundering, straw purchases, structuring and so on.

The good part about practices is that they require less fiscal investment and generally can be better "cash cows" than a business.  

This would require a high down payment and I would be splitting equity with my partner.Option 3 Don’t Buy in San Diego: I am open to investing out of state but would likely not house hack and instead would setup a LTR or STR.

@Zachary RodriguezInvesting in real estate requires setting clear goals and objectives for both the short-term and long-term.

@Orlando AlbertoAll real estate investment strategies involve risk and require capital.