Mesquite is strict on code enforcement not allowing more than 4 unrelated parties to rent the same unit. 

Short-term rentals would be a solution, but due to strict short-term rental laws in rent-controlled areas of Los Angeles, options like Airbnb are typically not feasible.At present, I have a $5 million property in Encino with two units that we cannot rent out short-term due to rent control regulations, and the numbers don’t work for a long-term rental either.

Don't mess with the fire marshal...I know an investor in NB that got a warrant out for her arrest for not completing the punch list that a fire marshal created for her- it was a huge headache.Especially in buildings with more units, the fire marshals are much more strict.

I don't know your criteria for a good deal, but if you're strictly looking on market for a quad in Raleigh you likely won't find one in the near future that meets what you're looking for.

You are strictly a middleman.

-> We reject 95% of the deals we analyze -> Most don't meet our strict criteria-> for safety and returns.If you've been considering diversifying into real estate but aren't sure where to start, let's connect.

But it's not strictly required. 

You can use conventional financing, up to a fourplex, and if you live in one unit you may reduce some of the property tax for the space you live in as it is your primary residence and you can also buy with very little down as opposed to buying it strictly as an investment property.Duplexes are a great option and you generally also always have at least one paying tenant and can be bought similarly.

We also have a strict policy that anyone 18 or older living on the premises must be properly screened and approved. 

LTRs are not attractive with a STR unless there's a strict level of isolation.