We don't allow "deal making" except for in the CLASSIFIEDS forum.

Best practice is to have equity that you can sell if this happens or you are positive your W-2 income, good credit and equity position will allow you to refinance fast to another lender in the future if this happens.

As far as I know, they do not specifically say that CA will not allow this loophole, and they do not specifically say that they will.

If you're considering mobile homes, the first step is checking zoning laws and utility access since some areas have restrictions.For resources, Mobile Home University is a well-known starting point, and local mobile home dealers can offer insights on placement and financing.If mobile homes are allowed, you could either rent them yourself for higher returns but more management or rent out the lots for steady cash flow with less work.

Mortgage BuydownsA mortgage buydown allows you to pay an upfront fee to lower your mortgage rate for a set period of time.

Our primary goal is to retain as much equity in our properties as possible while leveraging outside capital to scale faster.Proposed Investment Structure:Investors contribute 30% of the purchase price and 30% of furnishing/rehab costs.Our LLC secures a new purchase loan in its name only, taking on 100% of the debt.This structure allows us to maintain 70% ownership of the property.Properties will be actively managed to maximize returns, likely achieving higher upside than long-term rentals.Proposed Compensation for Investors:6% preferred return annually.After the preferred return is met, profits are split 75/25 (with investors receiving 75% of profits on their portion of ownership).Profit Calculation:Revenue – Operating ExpensesExcludes mortgage principal & interest, as our LLC assumes full responsibility for the loan.Looking for Feedback:Is this structure fair and attractive to investors while ensuring long-term alignment? 

Enter the checkbook IRA, where usually a special purpose LLC is created that allows the IRA owner to bypass the custodian for all transactions and investments making it a much more efficient way to invest.

Quote from @Ify (Bobby) Anizoba: There are various applications that allow landlords to collect rent, manage payments, and disburse funds.

I'm new to the forum (been lurking for a while) and wanted to post about my experience to allow others to follow my journey.

I do not hassle people with having to sign a separate agreement.Vrbo allows you to upload your rules and the renter agrees to these when they book.I just type my rules in the Airbnb listing.