Quote from @Sean Barnebey: This is an interesting opportunity, and it sounds like you’re approaching it wisely by considering the numbers carefully.

I always viewed it as "who cares how much money I put down", I plan to pay them all of before I retire as part of my ultimate strategy anyways. 

.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000. 

Quote from @Jason Burkart: Quote from @Theresa Harris: Whatever you do, I'd keep it in your name if you are the one paying for it, in part for some of the reasons others mentioned (if at some point she goes into a retirement home and needs to use her assets to pay for care).Are you able to pay for her home for 10-20 years? 

Simplified ManagementFor those managing multiple properties, AB 2622 streamlines operations by expanding your hiring pool and removing the red tape often associated with minor repairs.Why It Matters for TenantsTenants also benefit from AB 2622:Faster Maintenance: Minor issues like plumbing or lighting can now be resolved promptly.Fairer Move-Out Costs: Affordable repairs mean tenants aren’t hit with inflated charges for damage beyond normal wear and tear.Things to Keep in MindWhile AB 2622 makes maintenance easier, landlords should still vet unlicensed workers carefully, ensure proper insurance coverage, and remember that jobs requiring permits must involve licensed contractors.AB 2622: A Win-Win for California’s Rental MarketAB 2622 strikes a balance between flexibility and accountability, making it easier for landlords to maintain high-quality rentals while fostering better tenant relationships.

Tenants may not care as much, therefore there may not be a big discount for the lack of space. 

I believe if your mother-in-law runs out of money that Medicaid will step in and pay for the nursing care.

I could care less if someone smokes marijuana but worried it might impact other tenants & future renters.What are my options, if any?

Hi Malcolm, With your strategy of holding multi-family properties or flipping, the key is running the numbers carefully to match your goals.

Avg stay, material participation, etc.) you don’t need REPS to qualify to offset W-2 with non-passive income.Material participation and REPS hours should still both be tracked careful to make sure you meet required hours....