This is the next installment of a 7 part series exploring ideas of why real estate is such a good investment. The focus will be on single family and multifamily real estate, but a good idea is a good idea, enjoy.  Today we are exploring using real estate as a rental property. It is the most common use for investment residential real estate, the first question is whether to go with short-term rentals, or long term (fixed term) rentals. For short-term rentals (Airbnb or similar), first make sure about city ordinances, for example,  City of Anaheim  has extremely restrictive rules relating to short term rentals. The rules can be many, burdensome and ever-updating, in fact, I would not recommend doing short term rentals in Anaheim at all. In addition to cities, HOAs (Homeowner's Associations) are common in areas that have high Airbnb demand, and  they have not been friendly to it either . Secondly, please note that short-term rentals have the primary com...