Condos are tricky in this area, as many have attractive price points, but exorbitant monthly fees - thereby rendering them unaffordable.

Aleksandra:RS is for Rent Stabilization, where they regulate rent increases on rental units rendering RS properties unprofitable. 

In CA GC's are legally allowed to put a lien on your HM for services rendered and not being compensated, no matter if the work was incomplete or incorrect; unless articulated in your notorized contract. 

This is just an update and info how we put this project together.  (We are fully funded, we are keeping it and we do not need any investors) leasing is going well.  (OK, and a little celebrating our first lease)(Note,...

The company I worked for insured one of the mortgages.The victim of the forgery filed suit to set the deed aside and as I recall, the trial court found, in a decision based on first impressions, the Registrar's acceptance of the deed rendered it valid as a new root of title and the victim's only recourse was against the state's land fund. 

If he was an attorney Anonee missed the first red flag, that is an attorney employing non-attorneys to locate potential clients and paying them on a basis of services rendered.

The last pic is another rendering of option #1.

@Carlos Alonso I like the rendering of the garage.

We won't be able to show prospective tenants the units however, but this should allow for marketing at that point.Intending to lease a trailer to remain onsite, with unit renderings, sample materials, etc. and of course people can sign up there. 

Properties will be rendered unbuildable and the values will be negligible.