CA also in the last 30 years really beefed up the protection for fractional TD investors.

If they gift the land, it falls under the annual gift tax exclusion ($18,000 per recipient in 2024) or the lifetime gift exemption ($13.61 million in 2024).

- If you are putting an offer in on a property to get that property under contract, part of the contract is that you put up earnest money.

They will go up to 100% loan to value or LTV (or used to). 

The last few years have been great for investors/homebuyers who bought pre-con, but looking back to the few years after the 2014/15 boom, this wasn't the case, where many had actually committed to buying a property that wasn't quite worth what they signed up for closer to closing because the appraisal weren't matching the contract price, requiring a cash top-up.

Welcome to the community, Nish. 

and if you don't have enough money to house hack in San Diego... save up until you do.and if you want to move somewhere else, house hack there. 

Thanks, 1st post, I cant believe I haven't used more BP in my investing career thus far, so much valuable info! 

Landlords mistakenly ASSUME all PMCs offer the exact same services and operate the exact same way, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services.This also leads them to ASSUME simpler is better when it comes to management contracts.

Appreciate the tag @Aaron Zimmerman!