An important concept to understand is the availability of money is more important than the cost of money.

I understand you have to spend money to make money sometimes, but it can be a big challenge while going through a divorce. 

(I say none, but problems impact returns, you just won't get a call from a tenant at 2am)Downfalls: You have to trust the operator, the market, and understand the investment at hand. 

I understand why people do it.

However, my understanding is that if the investment property is not our primary residence, the financing will not be as attractive. 

However, my understanding is that if the investment property is not our primary residence, the financing will not be as attractive.

I understand most of these laws don't apply to families.Most city websites in California don't mention maximum occupancy limits.

Some major pitfall that I'm not understanding? 

Also, with vertical blinds a lot of tenants don’t understand that the blinds need to be in the open position first before bringing the whole stack to one side.

In selecting your house, you will want to make sure that house you select has very little maintenance, especially yard work.I have found that real estate agents really don't understand short term rentals and since we were buying just one property, we really didn't look for a real estate agent with short term rental experience.