Left and right economists area 95% in agreement that it leads to 1. less housing as people take their rentals off market 2. ultimately less affordability 3. messed up tax and entitlement systemThey're voting on it this week in california to expand rent control to condos, single family houses, and new builds (which were banned before) Costa hawkins AB 1905 tell your local assembly member to vote no...for California Assembly info go to this california .gov sitehttp://findyourrep.legislature.ca.gov/ CALL BEFORE JAN 9Call before this Tuesday the 9th because they're voting on this HUGE impactful Rent control legislation for all cities in California.This is actually bigger and more impactful to landlords and property owners than the Trump tax reform if you live in California.This is by Buildium https://www.buildium.com/blog/ab-1506-threatens-re...

If approved by the Assembly Housing Committee on January 11th, local governments will have the power to control rents at the time of vacancy.In other words, so-called “vacancy de-control” will be eliminated by AB 1506 leaving owners with no rights to reset rental rates to market when a unit becomes vacant.Further, if AB 1506 is approved, local governments could impose rent control on new construction, single family homes and condominiums.

If approved by the Assembly Housing Committee on January 11th, local governments will have the power to control rents at the time of vacancy.In other words, so-called “vacancy de-control” will be eliminated by AB 1506 leaving owners with no rights to reset rental rates to market when a unit becomes vacant.Further, if AB 1506 is approved, local governments could impose rent control on new construction, single family homes and condominiums.

From California Association of Realtors:C.A.R. to Issue Statewide Red Alert OPPOSING Rent Control BillTomorrow, C.A.R. is issuing a statewide Red Alert urging California REALTORS® to contact their Assembly members and urge them to oppose AB 1506 (Bloom, Bonta, and Chiu).C.A.R. opposes AB 1506, in its entirety, because it repeals C.A.R.’s co-sponsored Costa-Hawkins Rental Housing Act.

They come with soft close hinges and drawers, I can have the vendor assemble and deliver, they come in 15 different styles, doors made of solid maple, sides 3/4 inch maple plywood, cheaper than Ikea and Home Depot. 

I started on the assembly line as an hourly person.

In this case the CA Residential Code says (R703.1.1) "The exterior wall envelope shall be designed and constructed in a manner that prevents the accumulation of water within the wall assembly by providing a water-resistant barrier behind the exterior veneer" (https://codes.iccsafe.org/public/document/details/toc/1005)This section means that as a designer (and contractor) we must ensure that the building envelope can resist water if the exterior cladding (rain-screen) is damaged.

If the tub is installed you will have to disconnect the tub shoe assembly and plug there. 

Assemble your team of professionals (Realtors, lenders, renovation guys) and trust their numbers. 

In this scenario, investors could also look to assemble adjacent properties during the hold period to further maximize the upside exit.