thank you.For the adjustments to ARV, do you have any tips on how to calculate the adjustment amount in a local area?

When you are comparing comps to calculate ARV do you use total lot size or livable space ?I assume lot size... am I right?

My attorney and my home insurance adjuster have both said I should file a Police report, and pursue damages.

I know part of it was an increase of interest rate, but I think it is more of a market speculation where most people believe the market is inflated at the moment and wait for an adjustment.

Stop issuing 1099-MISC with box 7 "non-employee compensation" instead of box 1 "rent"Stop including refundable deposits in rent incomeProvide annual reports clearly delineated by propertyLearn the difference between maintenance, repairs and improvements and report accordinglyReport insurance reimbursements separatelyProvide supporting documentation: itemized contractor's invoices, insurance adjusters' reports etc

Something to consider with MF inside the loop: tons of those older C to B properties sold between 2013-4 and are coming up on refi or adjusting for investors with 5/15 ARMs.   

Looks like fourplexes aren't exempt, only three unit or fewer buildings could qualify for exemptions if owner occupied:Oakland Rent Adjustment ProgramOakland Rent ControlA Guide to Rent Control in Oakland

It would be very expensive if you take over the property and more than 2 units are vacant or non preforming Even after adjusting your vacancy and adding it $3k per unit, I bet you will still have a good deal.

Moved over utilities to tenants except water/gas which has just 1 meter(Looking into submetering).Tenant A is only paying $900, not $1,000 like Tenant B. so once that is adjusted, will have $200 in cashflow so $100/Door.Still fixing up property so not extremely concerned with cashflow as most of the money I get is going right back into the property in terms of improvements,

However, if your profit (the difference between your adjusted cost basis and net sales price) is greater than $345K then you would have some tax savings.