This has risks in controlling the amounts you abate translating directly into the amounts they capitalize in repairs.  

That, for me, translates into limiting risk on any one deal to $20,000 to $25,000, $50,000 if it is a screaming buy.I live in SoCal where starting out in RE is very intimidating. e.g. 

HOA 's do sometimes limit the number/% of rentals in the association.I don't even understand that first one you need a translator (i.e. lawyer) to figure it out.Does the HOA handle rent collection?

I did see some new home building occurring about a half mile up the street but I am unsure if that will translate into changing the dynamics of these lots.

@Jeremy WilliamsIf the contract is being executed in English, you can request that a translation be provided and enclosed with the original.

Since they want the properties in my name and not the LLC, the title change alters the length of time the properties are held to the day the change takes place, which makes it under 6 months.

If so, you it will that kicks you into a Level 2 Alteration per the IEBC, which is the governing code on your project. 2.

He was riding the appreciation wave all the way to the top.Here's a post that caught my eye: https://www.biggerpockets.com/forums/48/topics/9594-life-altering-financial-desicions-to-make-Michael Rossi seemed to know exactly what was coming with the 2008 recession based on his response.2 guys on total opposite ends of the risk/reward spectrum, with tons of value shared through their posts...

Bill Gulley Would you mind translating your last comment down to that grade level.

So, im assuming this translates everywhere.