I also agree and can have fun with it but your post seems unnecessary.

Housing Authorities can be a pain to work with and one reason is because issues can take a while to resolve. 3+ months seems unnecessary if they are just verifying income...I would honestly just reach out to the Housing Authority yourself and figure out what's going on.

This will either scare them enough to answer all of your demands or the fines imposed by the board will likely cover your expenses.Sorry to hear about your headache.

Indeed, your revenue will be in USD and your costs in the local currency so you'll otherwise benefit from a drop in the local currency.Hedging is unnecessary and a bad idea for the following reasons:1.

The amount of the late fee and the conditions for imposing such fee must be stated in the rental agreement or in an addendum to such agreement.

Your first point may create unnecessary problems for you.

For now you are just causing yourself an unnecessary administrative headache.

It's just not that difficult to do and therefore absolutely unnecessary for a newbie investor to waste even one second fretting over which apps to spend their money (which they don't have yet) on....Not only that, but as I've said before - you need to start off doing everything yourself or you will not ever fully understand how it all works.

And that's not even mentioning how disruptive and disrespectful some STR guests have become, nor the constantly evolving and restrictive rules imposed by the STR platform, nor the fact that we're at a market maximum in terms of valuation, nor the fact that I don't plan to stay in California much longer.With all that said, if I was a whale planning to stay in California I'd spend the money to fix it up, combine the 2 top floor units to make it a 2/2 master suite, reinforce the roof structure and add easier access from inside because the flat roof has a 180 degree panoramic view of downtown from the Coronado Bridge to Balboa Park. 

A few options:- Cut your personal expenses (going out, buying unnecessary stuff, vacation, gifts, etc.) and get a second job.