I was able to take a loan on my 401k to help pay down our house, but I was recently fully disabled so there wasn't any penalties for us.Get a good CPA and get started.Plus you could always wait a bit and not move on any more properties until you get all this under control.

Was the agent in exclusive control of the information required by HUD? 

*Provide adequate climate control in order to keep moisture levels down and prevent mold growth by opening windows or using a dehumidifier if necessary.

We've certainly experienced a fair share of new build/builder quality control issues.I do believe the long term has significant upsides but you know that already with your understanding of the mountain communities.

Alternatively, you want to avoid a scenario where the tenant is forced to find someone to take over their lease since that means you'll have less control over who the unit is being sublet to (IF you don't have any restrictions against subletting in your lease). 3 - If someone's parent has passed, and its only been 8 days.

The management LLC does literally all management activities-- hire PMs, hires contractors for renovations, hires the legal experts for other stuff, buys STR furniture, hires interior designers for STRs, hires pest control, etc.

A more general observation on this topic, intended for you and any future readers - find out from the agency that has control over this area exactly what it takes to LOSE grandfathered status.

@Joe HammelEdit* For the record, I’m heavily biased towards pull chain and NOT remote controlled bc the remotes is something that seems to be a headache.

My North Oakland units, purchased 2015, are all condos in a single complex = no rent control.

You need to prepare for these operational cost increases that are out of your control.