You can see from the pic below that when the originally did the plot (White rectangles) the homes were supposed to connect to the lateral in the alley.   

I did not know how much it suppose to. 

And I suppose that is exactly what you are doing now monetizing Biggerpockets, as a digital recurring income platform.

If it was me, I'd go there in person and DEMAND my money back, especially if it was misrepresented and they did nothing they were supposed to do for you!

Your lender doesn't care where you sleep ; ) You are technically supposed to use your home as your primary residence for a defined amount of time according to the terms of your loan.

Any LLC that is "doing business" in CA is supposed to register with Sect of State and pay the $800.

Rate drops are still supposedly coming this year also.IIRC external links are a no-no in the forum so I'll message you a current Chatt market report so you can gauge numbers yourself.Good luck!

Also cash returns tend to overstate the real return because not all depreciation is "paper"; depreciation is supposed to (and to some extent does) proxy that the property gets worn-out after a while and you'll need to spend additional money at some point on capital improvements to keep it in shape to be rented-out.Also how are you only putting 6.7% equity down?

NO MONEY DOWN.There should be a bounty on these supposed "gurus".At least 4 books have been published and are being heavily promoted in the last year with the theme of purchasing an existing highly profitable business with no equity investment.  

Also, my CPA filed the income as 'short-term capital gains', and after a bit of research i've seen that my income was suppose to be reported as standard income, or is that not a big deal?