Our government is run as a criminal enterprise ( its just coming to light that about 21-23 TRILLION dollars has been laundried through HUD the last 30+/- years.

It is a commercial enterprise and will stand separately from you, the owner.

One year in the waiting because of the pandemic, plan check has been approved by Building and Safety, but the city of LA Bureau of Sanitation and Bureau of Engineering has not cleared the very simple rainwater plan which is standard with a flower bed.

@Ernie Sturzinger Here are a bunch of resources that I use.CBRE Research and Reports - https://www.cbre.com/research-...Marcus & Millichap Research - https://www.marcusmillichap.co...Huduser - https://www.huduser.gov/portal...Freddie Mac - http://www.freddiemac.com/rese...Moody’s Analytics - https://www.moodysanalytics.co...Bureau of Economic Analysis - https://www.bea.gov/data/incom...Bureau of Labor Statistics - https://www.bls.gov/lau/metros...Census - https://www.census.gov/data/ta...Cushman & Wakefield Insights - https://www.cushmanwakefield.c...City-Data - http://www.city-data.comMoody’s Analytics - https://www.moodysanalytics.co...Best Places - https://www.bestplaces.netIRR Viewpoint - https://www.irr.com/news/just-released-viewpoint-2020-12976Rick Blocks Poor Blocks - https://richblockspoorblocks.com

The best and the only way to get rich is to take a lot of equity in an asset or enterprise.

However, in 1946, the WJ Howey case gave guidance on what a security actually is by establishing an easy to use test: 1.There is an investment of money.2.In a common enterprise (more than one investor).3.With the expectations of profits. 4.Through the efforts of a promoter.

I used the local ( Fresno) vacancy rate of 5% which came from the last U.S census bureau  - you're right about the taxes though  I missed that one and used my own local taxes - I should have took note of that better -  I usually try to make deals look worse on paper and if they look too good , I will start to undermine it with heavy expenses and higher vacancies - just because , I would rather be pleasantly surprised than to have a bad surprise.

Just wondering.There is a lender that is a sponsor of some of the REIA clubs that can do 40 mortgages.You can also use private money to fund your mortgages as well as they will not show up on a bureau and can be preferabel anyway.For some investors the 10 mortgage line is a barrier they never cross

Census Bureau and Bureau of Labor Statistics.

Great tool on the Consumer Financial Protection Bureau Website for comparing mortgage rates.http://www.consumerfinance.gov/owning-a-home/check-rates/