The issue is a lack of control over anything going on with the mortgage and anything associated with it.

Ab1482 does not apply to units less than 15 years old and due to costa Hawkins no local ordinance can rent control units less than 15 years old.   

With rent control laws in Los Angeles, as I see it, options to increase rents consist of:a) Cash for keys.

The lender will be able to give you the most precise answers about purchases and financing, but the realtor can give you broader information as needed.

How do I keep control of the out of state properties?

Kind of like appraisals one surveyor is doing their math one way and it does not match anothers.. also depends on where their controls are .. do they have to go half a mile away to find a control point to then measure back in..   

The rent control stuff mentioned is limited to Minneapolis & St Paul. 

Forst off, you DO need a broker if you are going to lend, otherwise, you are likely in violation of state usury laws and other potential Federal laws.Bill mentioned being carfeul to stay within these laws and that is precisely the job of your broker, so YES, you need one as a lender or get your own broker's license.Secondly, if you come in not as a lender but an equity partner, then all these topics are null and void as you are not coming in as a lender but as a partner.

Account Closed do they have control of the heat or do they have to open windows to cool it down when it is too warm.

As time continues and we're not seeing inflation fully under control, I think there's a chance they could still increase rates.