Whole historic neighborhoods may be wiped out and lose the charm and character that made them attractive before.

I could also see this as an alternative to installment agreements if they were ever dissallowed by congress. 

If it passes, that means there is a ceiling on rent, which means owning rental properties in CA less attractive.

An alternative could also be to have them pay a higher deposit.

Nothing different than Brandon Turner's "No money down" book I guess...Concepts definitely aren't new and 95% of deals still require some cash, but just like Brandon Turner's book it simply lays out some alternative options to your standard "go get a loan from the bank" buying/selling real estate methods.

Because these parks are often under the radar, there’s less competition, allowing investors to secure deals at attractive prices.Lastly, mobile home parks are recession-resistant.

Maggie, keep in mind that pricing is based on demand so “expensive” property will usually outperform “affordable” property that is affordable because it’s often a crappy house in a crappy neighborhood that will attract crappy tenants.

Plus, with the seller covering a large portion of the buy-down cost, it reduces your immediate expense, making this a very attractive option.If you're uncertain about how long you’ll hold the property or foresee needing to refinance soon, keeping the 7.75% rate might make more sense, as you'll avoid the upfront cost entirely.Would love to know more about your timeline and goals for this property to give more tailored advice!

The goal is to make the property more attractive and functional for future tenants, boosting its After Repair Value (ARV).3.

Alternatively, you can own the rental directly, take the income directly and simplify your life, taxes and everything.