Far too many regulations protecting consumers from predatory lending. 

Now education locally is totally necessary because regulations here are insane. 

Short-term rentals can be great, but they require more active management and regulations vary by market, so I usually suggest layering those in later once you have steady long-term income.The key is to grow in a way that keeps you comfortable and solvent while still moving toward your bigger 3–5 year goal.If you’re looking at the Indianapolis area, I work locally as boots-on-the-ground project management, helping out-of-state investors oversee rehabs, contractors, and timelines.

They are fully aware that parking on the grass is illegal, both according to city regulations and the lease terms.

The lessons have been to numerous to list lol.

There has been talk ongoing about regulations and a moratorium on STRs there so I would call the city and see where they are.

@Sandy Hu what are the rules/regulations in JT to have a main home and a tiny home on wheels in the same single family lot and Airbnb both for short term rental income?

One of the concerns would be, how long would this last until regulations catch on?

Short-term rentals would be a solution, but due to strict short-term rental laws in rent-controlled areas of Los Angeles, options like Airbnb are typically not feasible.At present, I have a $5 million property in Encino with two units that we cannot rent out short-term due to rent control regulations, and the numbers don’t work for a long-term rental either.

Check out the map on our website where we’ve made this all easy to follow.We can also share numerous examples of properties & portfolios we’ve assisted investors with!