I know what the Federal regs are, but California is notorious for going above and beyond in terms of their requirements so I'd caution you to call around and do some research.  

I am notorious for showing off my results, YET most of you choose to ignore fact truth and intelligence and decide to follow those that are struggling with lead gen (those that do DMM etc. etc.)Ridiculous!

This is partially because apartments can be notoriously hard to comp using the methods for residential property.

this is in Massachusetts, which is notoriously Tenant-Friendly, and she says that if you backed out on the rental, then it's perfectly reasonable for the LL to retain your deposit.  

It's notorious for traffic issues during the holidays, not to mention the added fuss.

DO NOT USE QUICKEN..... they are notorious for giving bad info and it'll all come up during close when you can't get your loan funded.

The house is notorious in the community for being a hub of drug activity; dealing & using.

Sites like these are notorious for having title issues

Hi Surjeet,I'm based in Auckland - and have found the only way to get even close to the numbers people talk about here is to look outside of the main city centres.So maybe if you're in Wellington check out Upper Hutt or Palmerston North (Though Palmy is notorious for slow capital growth).Its almost impossible to find any +ve cashflow in the main cities...  

Lenders are notorious in taking forever to make up their mind and then when they do, they frequently change it.