That area can be tricky with regulations, and they’ve definitely tightened things up over the years. 

Lots of different city regulations, so be up to date on those and the sentiment behind STRs. 

One particular mentor claims he never lost money on a deal - however he filed BK numerous times.  

Further, establishing the LLC enables the formation and potentially funding of a self directed 401K, and the numerous tax implications therein. 

Quote from @Bryce Jamison: @David Greene talked about this recently on his new podcast.He recommends being an overall real estate professional so you can make money in numerous ways and in different economic climates, and more importantly, you can help folks in all stages of their life and with all their real estate needs.Sometimes your helping folks find a good handyman, sometimes you're renting them one of your units only to be their agent later on when they're ready to buy, then maybe you're giving them house hacking tips after they buy.I can’t disagree with that, although in this age of almost unlimited information, I believe in the need to specialize.   

Coos Bay & North Bend: Subject to Coos County regulations, including a Land Use Compatibility Statement (LUCS) and healthy department inspections.

Watch tons of YouTube videos and engage in numerous one on one conversations at real estate meetups

You're totally right to want clarity on all the layers of regulation because they will affect your bottom line.Rent stabilization is the biggest thing to watch.

A MUCH better alternative for government regulators is to go after the gurus providing false claims, teaching illegal strategies/methods, or making false promises rather than changing a free market to a highly regulated one.  

Facebook, in particular, hosts numerous real estate investing groups where wholesalers frequently post their off-market deals.