It's a 5 minutes walking to a major teaching hospital in Denver, absolutely perfect for mid term rentals and long term rentals. 

If you are in OC (not Santa Ana), you probably don't have to worry about rent control unless the law changes at a later date.3) Check your lease agreement for wording about rent increases and comply with the terms.4) Make sure Newsom hasn't declared a state of emergency...which often trigger rent freezes.5) Once you confirmed that your condo is exempt and no local protections apply, send a rent increase notice for any amount.

There are multiple options depending on your end goal, capital position, long term/short term strategy etc.. 

We will be investing in a few medium term rentals.  

Prepayment penalties- usually 1-5 year terms.

Thanks,Robert Robert,Would either have to look into some kind of a Quit Claim Deed to transfer it into your entity, or just fully refinancing either cash-out if you have any equity, or doing a rate and term refinance where you just transfer the existing debt in the property into your LLC.Payments could go either way, by being a member of the LLC, any rent payments could be linked to you pretty easily.

I’m currently in the market for a second long term rental property. 

Yes you may retire in 8-9 years and the rental would still have a mortgage on it, but think longer term. 

Starting with fix and flips sounds like a fun adventure, and looking into short-term rentals shows you're thinking ahead.

While AirDNA presents a bright picture of possible earnings for short-term rentals (STRs) in San Francisco, it ignores the city's severe regulations.