I suspect it would require a court order to be able to show that you have not followed this law assuming that you have the money to pay the tenant their deposit at move out. for me, i would likely ignore this law.  

There is a one page complaint form "Complaint in Summary Ejectment" with clear instructions.

@Kyle Cross, correct me if I'm wrong, but I think maybe what you're getting at is potentially pitching to your parents that you would like to take a shot at personally managing the units to gain experience and some form of compensation.

However I am still on hold with them other than that they do say the fee they will charge which is 5.90 for me.

If I under insured a property and it burned down, I am certain nobody in CA will pay the gap for me.

Additionally, have a clear budget, factoring in potential repair costs, and ensure you understand the rules about earnest money deposits and closing deadlines.LLC for Real Estate Investing: Forming an LLC for rental properties can offer liability protection and may provide tax advantages, though the tax benefits are non-existence for rentals.

And assets that provide you with great depreciation but not great income or stability are just a form of robbing from Peter to pay Paul.   

They still all use standard HUD forms though l imagine.I'm curious is it federal,state or county legislation that creates changes between HAs?

Hey all, interesting opportunity came up for me as a co-host.

Your lender definitely should be able to count the 75%- I'm in Arlington and would be happy to connect you with my awesome lender who has been able to do all kinds of creative options to get to yes for me.