CA prop 10 opinions

[Jonathan Taylor]

Hi BP folks, I live in Los Angeles and have been putting offers in for fourplexes but prop 10 has me wondering if I SHOULD by as big as I planned. For those who don’t know, prop 10 would limit landlords ability to raise under market rents and basically cut landlords at their knees. So my questions are: 1. For existing socal landlords, what is your opinion on this bill and what are you doing to mitigate risk IF it passes? 2. Should I stay small, buy a duplex and move my money OOS or continue and hopefully close before/if it passes? Any and all thoughts are welcomed. Thanks JT