Whenever there is any condo/townhouse listed for sale, I would like to read CC& R (Covenant, Conditions & Restrictions) and bylaws.

The only thing I can think of is some kind of restrictive covenant that may exist if the two lots used to be one.  

All for AIRBNB’s if anyone has information on local codes or restrictions.

If potential owners can't get qualified financing then units dont sell and thus prices decrease without rental restrictions.

However, on the resale value you will be restricted to the cashflow / cap rate valuation.  

Hi,Another issue you may encounter trying to do this is the restrictions on time frame between selling all of the properties and rolling over the proceeds into another property.

Pretty soon all states except the ones that lag behind everything else will make wholesaling restricted. 

First you must determine if you want to purchase the service station operating business and lease the real estate, purchase the real estate and be a landlord to the station operator, or purchase both the operating business and the real estate.Many of the best locations are either owned by oil companies and leased to operators, or have restrictive contracts with severe penalties for changing gas suppliers.  

@Dino Haramis I am unsure of specific rental laws in San Carlos but if there are no rent control/eviction restrictions, then start by sending a 60 day notice of termination of tenancy.

@Mike Garland Maybe I am missing something here...I am sure there must be some nuance....but the lenders I used did not impose any seasoning requirements.