Or, you can rent to a regular tenant and not have to deal with the extra paperwork, the lost time/rent, the failing inspections and the power hungry inspectors, the justification for rent increases, and the government.

Small slivers of land, lots too small to build on, no water, no power, landlocked, flood zone, dump sites, no sewer, but too small to add septic, around where I live counties require a certain amount of road frontage so people won't put mobile homes, so you can buy OTC without the required road frontage and lot could be more or less worthless....can't build on it,  and all other kinds of issues. 

A frustrated sister of mine who was her self appointed power of attorney is angry with me taking care of mom - so using her 32 years of legal secretary experience - to illegally become power of attorney she files a lawsuit to get me evicted claiming $2300 rent due for past 19 months = $43000 - it was overturned for many reasons.

Knowledge is power, but also a burden.

Think of it as freeing up about $150,000 in investment buying power that will pay you far more down the road. 

That being said, my goal is freedom and appreciation does come into the equation as well.  

Historically, it's a terrible strategy and your purchasing power will only erode due to inflation.That said, you want to make smart decisions and be pragmatic.

New to BP but looking to get started in my journey to financial freedom.

This is because tenant really can break lease easier than LL, so might as well not have the lease to balance the power as it relates to lease termination   When does AB1482 apply:- is SFR then AB1482 does not apply- if triplex then AB1482 applies

We're very excited to begin on road to financial freedom.