We used to do a video of the MoveIn Checklist a tenant filled out - with them in the video pointing out all the issues.We did this to have "irrefutable" evidence of any tenant-caused damages, to charge them.It usually worked, but we did have a judge or two disagree with us or not allow us to play our video in court:(Point is, if you have great documentation you can charge the tenant for damages they cause.

We will see how it plays out.  

Basically saying the seller would pay a commission of XX percent based on the agreed total amount of an executed purchase and sale agreement.This way the seller does not play games with commissions.

That ship has already sailed, but all of the stuff we do is within 10 min of downtown...lots of gentrification, and even though that's not our play (we're all about cash flow), there's lots of potential upside for appreciation.  

Don't play with senior money like a junior.

Right now with the feasibility study We're anticipating about $4,000 for the SFH and $2,200/mo/unit on the ADUs, totaling about $10,600/mo in rent revenue so the initial rents look great.However, I don't know how the loan will play out.

Instead of eating leftovers we eat hot n ready pizzas, instead of paying for a college class and doing it get ahead we buy a six pack and play madden, instead of driving our old car we buy a new one.

This goes back to when the states acted more like individual countries and didn't play well with each other.

My belief is there are 2 primary plays in coastal CA cities 1) patience (long term coastal CA RE has always produced good to great return) 2) value add.  

Another consideration is that he may be retiring soon so do we need to make the purchase before he retires because DTI will come into play?