Although it is strange that other countries are looking to China, who devalued their currency just a few years ago.Many forecasts I have seen look at a few indicators, but as you can see, there are many other pressures at work that could help investors, but could also cause a recession, or depression, if they fail in a big way.

(See SEC Publication, Filing and Amending a Form D Notice, A Compliance Guide for Small Entities and Others http://www.sec.gov/info/smallbus/secg/formdguide.htm.)So the reason not to invest is they either have no other investors, and if they did, they failed to register.Why post this?

In can multiply returns but what everyone also fails to mention is it can also multiply losses.Now I am not opposed to debt but there is smart debt and bad debt. 

I have heard of out-of-state CPAs not being familiar with these rules and assuming that California, just like their home state, does not impose a filing requirement on single-member LLCs, and their client missed the filing, and the FTB came after them with fines and penalties for failing to file.This being said, if the out-of-state CPA is knowledgeable about California tax rules, then there's no reason to fear unless you actually want to meet your CPA in person.  

He has had multiple failed properties like Southwest Crossing at Bee Creek (TX) in which a $100,000 investor with cash calls didn't even recover their full cash call amount at the end, while he continued to collect management fees right until the very last month of sale. 

My friend said even if this person could be struggling and be late a couple of times a year or may not make 1 month rent once a year, since she is a long term tenant per her past and paid her rent without fail every month, and is motivated to make the new rental situation work for her financially, long term, if she stays 5 years, although occasionally could struggle a bit, I still will do better than most other tenant choices (frequent turn over, etc.)My rent is still covered by my past tenant at the moment even though the property is vacant as the Lease has stipulations for that the past tenant has honored faithfully.

You WILL fail your first inspection.

There are quite a few items that they failed to complete, but within the scope of work he was supposed to replace bedroom windows. 

I attempted to build out the van myself but I failed and everything fell apart while I was on the road, lol.

More regulations will come as this council already tried and failed to fully disallow STRs.