And thanks for reminding me to back fill some detail.Some things off the dome - disclaimer - there may be more:- we review the file for disparate loan amounts (ie underlying lien cannot be more than new)- we assist with getting insurance in place- I stay involved in all my wraps post closing - if needed- we have auto releases in our deed of trust to avoid needing seller when all are paid off- we provide POAs to handle return of escrows and insurance claim proceeds- we advise how to handle re 1098 tax notices- we actually step in if there is overreaching or errors in structure/contracting- we encourage 3rd party loan servicing companies be used- we require the wrapped note to be obtained and reviewed before closing- we encourage an RMLO be used to vet end buyers- we advise of all required state and federal disclosures be usedThat is all I have off the cuff -- but very much looking forward to hearing from others on their risk avoidance measures

Thanks for responding and feedbackDan No, she probably realized she was going to get caught and decided to move on.ALWAYS get a government-issued ID and make a copy, front and back.

Building ADU , cynically, is like we're subsidizing California government for housing problem that they're created lol but that's my personal opinion.

 Do you recommend I buy a house in my government name and then transfer the title to my business or just buy in my business name from the jump ?

Hi Joseph, You would need a 2 year seasoning period to qualify for a government loan (FHA) and a longer period for conventional unless you had a documented hardship situation, such as medical illness, etc where the loan can underwritten manually. 

The government's interst is in collecting taxes in a way that protects homeowner interests.

But...If the average renter is being left behind, if their income can't stay in line with the cost of living, I fear it will lead to a larger crisis and continued intervention/regulation by government.  

Generally they're not going to call your note if you've been living there for several years; they likely are reselling your loan to the government, which requires certain residency.

Nothing will start you off or build wealth for you like using a government backed loan to buy a great property in a great area. 

Hi Sam, I would highly recommend reach out to your county or city government to get accurate STR regulations before you list it on Airbnb & VRBO.