There's potentially a domino effect in the event of an unforeseen major expense exceeding my reserves (mainly thinking in terms of natural disasters) affecting my whole portfolio.  

One of the main benefits of participating in the Section 8 program is knowing that the rent will be paid each month (or at least the Housing Authority portion of it) - Now that's gone. 

If our main goal together is to acquire as many properties as possible as fast as possible - it feels like this leaves us with a smaller tax return, thus less capital to use to reinvest into new properties. 

My main question though is, does California law require that I use the specific C.A.R.

The main reason I'm asking this, is to understand how much cash I need to save up in reserves before pulling the trigger on a deal like this?

I have been sniffing this for a while as well, but more on Main Stree mixed-use.

Since you're an individual, mainly whether or not the 4plex was built in the last 15 years.Assuming the tenants have occupied their units for over a year you'll want to give a 60 day notice.Alternative route?

The main monthly meeting is this Tuesday (Nov 12).

the success or failure of every single step of every single project is on you.I've mainly been targeting off market properties through wholesalers.

I have heard alot of success stories where Bigger Pockets  was one of their main resources in achieving those Goals.