People staying for 30-90 days are a completely different customers than someone in a years lease. 

I suspect build cost in CA are closer to 400 a foot than 200 like many other areas and of course far higher for the custom homes.

But I would urge planners to consider that the Sec 263 regs they rely upon for the justification for not expensing remodeling costs is actually an exclusion section which prohibits deductions under pspecified circumstances that being that the amount was: "paid out for new buildings or for permanent improvements or betterments made to increase the value of any property or estate."

Made sure to check the ledger and T12 to ensure that the tenant was qualified correctly before purchasing the property.

What made you interested in investing in this type of deal?

But I could've made a mistake in my understanding of law "back in the day."

The market has changed for both the customers and yourself the builder.

Has anyone else made the leap to in-house counsel for property management or other legal needs?

Second, people with criminal records are in need of housing and have made great tenants for us.

What made you interested in investing in this type of deal?