However, it’s crucial to be ethical and comply with local laws, as some wholesalers give it a bad reputation.

You CAN rent the property as long as you comply with number 1, but you cannot use rental income to qualify.

Your mortgage company must comply with the law.

Legal ConsiderationsZoning & Regulations: Make sure the property is zoned for a duplex and complies with local regulations.

ALWAYS have written tenant screening procedures that comply with local law. 

Los Angeles at that.Make sure you comply with the local law.

We hear from SCI via letters, most of which let us know that eviction is their right if we don't comply.

From my findings, the two subdivided lots would comply with the requirements provided by the county:The minimum lot size is 1 acreThe minimum lot width is 135 feetThe front building setback is 60 feetThe side building setback is 20 feet (for corner lots it is 30 feet on the street side)The rear building setback is 60 feet

Another solution to comply with new, shall we call them “anti - wholesaling regulations” is the use of straight options.

Just a lot of systems, paperwork organization, and staying abreast of/within the law (required notices, addendums, etc.).3) The screening criteria we use:650 credit score or aboveIncome 3x the monthly rentNo pets (depending on the property)No smokingNo evictions, notices to comply, or money owed to landlords in the past 12 monthsProof of income and financial responsibilityAdditional:First, last, and security deposit due at signing750+ credit score does not require last month rent (helps incentivize quality tenants)Best of luck!