If so, I would suggest getting a no prepay or reduced prepay. 

However, the statute provides for exceptions that are important for CA landlord’s to understand.First, the statute expressly states that the one month limitation does not apply to rental agreements entered into before July 1, 2024, so if you have an existing security deposit of two or three times the monthly rent, you do not have to reduce that security deposits to comply with the new law.

Rather than asking non potential customers in here you can get a better result from potential customers, As well as tour of the competition.While you are there, maybe take some pics, and make a written record of rental rates and what features they have for that price.In a nutshell, become an expert on this specific investment in your local area and neighborhood, in order to try to reduce the risk of just guessing.Good Luck! 

I live in the house for one year either for free or with reduced living expenses.

On the other hand, if your passive income is high, having these deductions will definitely help to reduce your taxable income. 

@Joshua Thang - I have never requested a rent increase and had section 8 come back and reduce the rate.

I just sold my business and in looking for ways to offset capital gains taxes stumbled across a strategy in which a STR can write off all depreciation in year one via a cost segregation analysis, thereby reducing taxable income greatly for a specific year.

Those costs factor into the investment and I think technology is going to go a long way in reducing the costs for vendors, lowering the costs for buyers and helping Roofstock bring about a better experience for the investor.  

If I could work part-time in my field, my stress level is reduced significantly.

If the owner is behind in his goal, it makes sense to reduce the expense to meet his goal, but that makes it harder to protect the longevity and condition of the properties while also treating tenants like paying customers with fairness, care, and respect.