Don't be afraid to continue with eviction, if it is allowed by your state L/T laws.3. 

Quote from @Nicholas L.: @Cameron RichardI think CoC is tough to calculate since it's going to vary every year.  

I agree with @Cody L. that San Diego isn't the obvious market for buy and hold cash flowing properties.

Quote from @Jayson Magee: @Nicholas L.

@Nicholas L.

Agreed with @Nicholas L. regarding house-hacking.First, you'll need to connect with a lender to discuss your qualifications.

Great points, Jeff — and you’re right to highlight that the expense ratios are unusually efficient for a coastal STR.A couple of clarifications on the numbers:The current owner self-manages, which keeps cleaning and maintenance costs lower than a third-party STR manager would typically charge.Some of the repairs and CapEx were front-loaded in prior years (new flooring, appliances, and paint), so last year’s P&L reflects more of a stabilized-operations scenario.The utilities figure is accurate — it’s higher due to being master-metered for the property — but the other OPEX categories are slightly understated if you were to underwrite this as a fully managed, third-party operation.If I modeled it using a professional management assumption plus normalized reserves, the operating ratio trends closer to 48–50%, which aligns with what you mentioned for coastal STR multifamily.I appreciate you calling that out — it’s a great reminder of how much variance there can be between owner-operated and institutional-style expense reporting, especially in hybrid STR assets like this.Here's the owner's profit and loss statement for the exacts of the 2024 year.

Quote from @Gail L boucher: Here are some crucial tips1.

I agree with @Nicholas L.....Although yes, of course you could get into the RE game somehow and do something.....it would be much smarter to just wait a bit.

Know and always follow your l/t laws regarding security deposits.