That's a very low amount given it's a commercial property.

At that percentage on that rent amount I suspect it is not all inclusive, but I do not know that market.  

Also, rather than taking a large amount of money and investing into one single directly owned property, I can split it up into much smaller chunks across many different passive investments.

The fire insurance companies dropped policies holders when they knew the fire was coming, in some cases, they're not even paying the full amount, and there's the case where some people didn't even have insurance.For those people who just want to walk away from this entire experience, is it possible that  morally-driven wholesalers can help them in a situation where not only the California government failed them, but also the Insurance companies?

I have to sell it, but guess who has to request the payoff amount from the lender….thats right, the ORIGINAL borrower.

If you like the home, area etc, you could refi and pull out the same amount of money.

So yes, to me, CA has a SIGNIFICANT amount more of homeless than what I am used to seeing, because IT DOES. 

Typically people think FHA because it's what's thought of as the least amount down which is commonly the goal when we all get started.

So if you are anticipating higher rents and therefore higher income next year you may want to wait till then if you are trying to maximize the amount of the cash out refi.

They are not allowed to buy a home due to tax and immigration reasons, so the company gives them a set amount for rent each month along with paying for other expenses.