We just started with our STR (has legal TOT certificate) in Mariposa County near Yosemite.

Do buyers have the legal authority to give the tenants 30 days notice to move out immediately upon the deal closing if they don't want to continue having them as tenants?

Given that I need to live in the home legally, I am planning to move into the smaller unit that is currently brining in the under-market rents.

If they’re approved and pay the deposit I’m done.

You can often secure a loan based on the property's value rather than your financials, making it easier to get approval quickly and move on deals like the one you found.Using private money can help you fund the purchase and the rehab costs without tapping into your home equity or savings, which gives you more breathing room and allows you to focus on the project.If you’re interested, I’d be happy to walk you through how private money lending works and how it could help with your current deal.

With the equity agreement nothing changes to the rates of the current mortgage and it’s much easier to get approved.

You even indemnify GPs against false claims and sign to cover legal cost.

The exemption is for tax purposes/discounts, not the legal definition of homestead. 

i have plans at the city that are 2-3 weeks from approval. i'm a licensed GC and the house is going to be a 3/2 1100 sqft with comps in the 260's. for a construction id only need 100-110k, but the more i call banks the more im finding out that even 100-110k is "too small" of a loan.

I am finally looking to get pre-approved.