Know the local landlord-tenant laws they're strict in LA.

The ones that are looking to invest strictly for cash flow have to pivot to different markets like the midwest and southeast. 

However, the decision requires careful consideration of both the pros and cons, including potential mortgage complications, additional costs, and the need for strict adherence to corporate formalities.

Strict has always worked best for me (even though Airbnb is phasing it out) because it protects you from last-minute cancellations, and I’ve still done well with it.Your numbers already sound amazing, and you’re clearly paying closer attention than most.

Also beware that short term rentals are subject to strict rules in most mountain communities.  

Do you strictly do individual SFH, or have you looked at Residential Subdivision?

Hey I'm new here and new to investing, I'm looking at buying a property in southwest Florida from Minnesota and it will be a single family home once I get married, then a couple years later I would like to buy another home strictly for investing and then the next and the next and ect, what would be some recommendations for loans I should get and how is the market, I was possible thinking of house hacking but it's harder finding these in the location I'm looking, anything helps, any Floridians here that could help me would be great.

It has 18 lots, all of which are strictly ground leases.

If enough landlords speak up, perhaps a class-action for unfair targeting of a specific group can be brought together.It's no different than a landlord being sued for someone being bitten by a tenant's ESA pit bull on his property with a strict "no pets" policy. 

@Kelly SchroederKelly, I focus on stress-testing deals by factoring in realistic ARVs, holding costs, and potential delays, then adjusting the numbers based on neighborhood trends and exit strategy rather than sticking strictly to a single formula.