We are currently renting in San Diego, CA. 

I bet $2 we are all wasting our time replying to this nonsense.

No matter how you do it have a back up plan in the event the mortgage company call the loan due.    

Unfortunately we are not quite there yet.

What happens if there is another COVID like event and STR use is banned for most of the year? 

Look in the Forum section for Events and Meetups.

@Robert Bell We are living through these as we speak.

The CTA is reinstated, and we are back to being required to register.

.: With the laws that the CA legislation has passed, you could piss off a city inspector and there is nothing they can do about a safe unpermitted unit.Possibly/probably....but I think the point we are all making is - why take chances on losing time and money and stressing yourself out?

I also have this same question about a Multifamily deal we have where we will need to purchase land before approvals.. you’d think being in this as deep as we are we’d know this answer but, it’s actually proven to be a pretty difficult thing for me to come across even with speaking to several people in the industry.. my own mother is 32 year lender.