Hey @Jeroh Odafe, we have a proprietary BRRRR calculator and I've assessed the contemplated transaction with our tool.

When applying for a joint mortgage in California, lenders will typically assess both of your financial qualifications individually and consider the property's use as both a primary and secondary residence.

@Luis Alvarez Thanks for the comprehensive explanation! 

(And that assumes your HOA is very well run and you are not surprised by any special assessments.)  

To decide, consult local realtors, crunch the numbers, and assess your risk tolerance for the best fit to meet your investment goals.

Investment in this area tends to be block-by-block so as @Paul De Luca mentioned, it's worth driving through and assessing prior to making any investment decisions.

Myself and the Rent To Retirement team put in over a year of our time, energy & dedication to produce a comprehensive and detailed investment course we possibly could to set new investors up for success.

I agree with your assessment

This might include mandatory disclosures or ethical guidelines similar to those that realtors follow.Education and TrainingProviding comprehensive education and training about each other’s roles can foster mutual respect and understanding.

In Chicago, the commercial and multi family brokers talk about how it's a tax assessment year and we should see prices go down and inventory go up.