These involve additional costs.I am not saying that there definitely is negative cash flow, but I will say not including known expenses is providing a misleading cash flow estimate.  

You will also provide the whole amount if you plan on repaying the loan in full beforehand.  

The first mortgage will provide a payoff to the sheriff/court and the funds from the auction go to them.

These areas can offer great opportunities for investors, often providing better cash flow and lower entry prices compared to LA itself. 

Hi @Brian WongI can provide some ADU contractor recommendations in Los Angeles if you want to DM me. 

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This provided Archie Raglin with the financial backing to close quickly, ensuring no delays and maximizing the opportunity for a fast sale at a profit.

Use tools like AirDNA or Mashvisor to provide market data on projected rental income and occupancy rates, and make sure your lender works with appraisers familiar with short-term rentals.

Can you provide some more context/numbers for your properties?

They often provide standardized lease agreements that comply with state and local laws.Additionally, many landlords use platforms like Avail, Zillow Rental Manager, or TurboTenant, which often include customizable lease templates that are state-specific.