They seem to be a good bet for cashflow and presumably will be compliant with the new standards, if the tests imposed are reasonable (to your point).Thanks!

Alameda County’s parking requirements are NOT compliant with the new state law.

@Kenneth Soles  I have done this too many times to count.and after all the years of dealing with folks that lost their home be it tax foreclosure ( very very rare on the west coast by the way)  or Trustee or Sherrifs sale ( most common).Rent back can work but usually turns into an eviction shortly .Sell it back is another pipe dream.. unless your willing to owner finance it.. then you have the dodd frank stuff if you want to be letter of the law compliant.

I would love to know if there were a compliant way to offer shorter stays. 

I found this post https://www.biggerpockets.com/forums/585/topics/460899-how-to-set-up-asset-protection-with-anonymity-in-texas and would like to setup something similar for my DFW rental properties? Anyone know of a ...

Without proper permits, there’s a chance the city may request you to revert any non-compliant additions (like the extra bathroom) to align with code standards.When it comes to refinancing, banks tend to look closely at the property’s legal compliance.

However my inspections showed that the sliding doors were failing and given we are in a beach setting would cost me a total of $16,000 to replace both doors if I wanted them to be hurricane compliant and in code. 

There is the cost of advertising a vacant property, cost of supervising repairs and maintenance and to show the property to prospective applicants, cost to run credit checks and background checks, cost to have annual legal reviews to ensure leases are compliant with state law, costs to issue 1099s to contractors, etc.Professional property management fees may be a little higher than your actual out of pocket cost of self-management, but self-management is not free.

Stopped over at the house this morning and the plumbers are over there getting the water and heat up and running.Also 2 of our in house guys are there as well: 1 of them is installing heat in one of the units and the other is doing some work on the doors in the building making them fire code compliant.

@Emilie Pa Consult a real estate attorney to ensure the property transfer from your Canadian company to yourself is legally sound and compliant with California laws.