I've recently had several applicants with eviction cases that were dismissed without prejudice.Our policy is to not rent to anyone that has ever been served an eviction notice, and they are asked the question multiple times (most lie), so they get turned down anyway, but I really would like to know what this means exactly. 

That's bittersweet, I'd be lying if I said I haven't contemplated doing the same at times.

Last week, I learned about Section 8.52.110 which is an LA County regulation requiring an owner to compensate residents they are evicting through the Ellis Act (no-fault) anywhere between $7k and $20k depending on the number of rooms in the apartments and the age/disability of the resident being evicted.I believe Hermosa Beach follows this rule, the city lies within LA County, but can't verify with anyone from the City if the City has a rule that supercedes the LA County rule.Can anyone with knowledge of this rule and how it is applied point me to a website or other source of information that would answer this question?

No conventional lender (that I've found) will be able to fit all this criteria, because it's very unique.Occupancy: Currently rented on a short-term basis (airbnb), however, in the process of securing long term tenants.Gross rent (for 1 tiny house): $14,400 annually ($1200 monthly)NOI (for 1 tiny house): $9,600 annually ($800 monthly)Expected Gross rent (for 2 tiny houses): $26,400 annually ($2200 monthly)Expected NOI (for 2 tiny houses): $18,000 annually ($1,500 monthly)Value of portfolio financed at 8% cap rate: $225,000Loan terms sought: 70-80% LTV loan size ($157k - $180k), 20+ year termAnticipated or actual appraisal issues: This is where one of the main problems lies.

So be homeless or lie about being disabled and needing treatment thats the situation we face. 

Because it has become cheap to service a high volume of investors using technology, there are now more companies doing offerings with low minimums to non-accredited investors using these new regulations (like Cardone Capital, Fundrise, Realty Mogul, etc).What pool of capital is larger: the pool of accredited investor money (what is that, 1% of the general population) or the general public's?

The data shows a significant appreciation in larger homes' prices and a notable interest in luxury and new apartments.Invest in substantial renovations with high-quality finishes, modern amenities, and possibly smart home technology to attract the upper-end market.

I want to get him to understand if our monthly payment is too high, we don't have the extra cash lying around to fix up the other unit and get it to market rents.

If you think the review is 100% lies do not read it or write a rebuttal.

Hey TJ, We all start somewhere in our real estate journey, and where that beginning point lies is entirely up to you.