I’m from Texas and somewhat unaware of the nuances of being a landlord in CA.

I live in Southern California where I own a couple of investment properties; now I'm interested on starting to invest in Arizona.

CA is the poster child for this..

If you skip using a new loan, you avoid the costs of origination and high interest rates, It works well for our clients in Phoenix and in CA. 

LV has become CA east so they won’t be mistreated by the courts/law. 

So the price you paid + rehab spent, as long as it doesn't exceed 75% LTV.However, they don't service CA.

It’s important to get a structuring attorney involved, particularly in a state like California, before you sign a Purchase & Sale Agreement.

I can tell you that isn't how California foreclosure sales work.

My goal is to help California: Homebuyers with their down payments using equity -- not debtHomeowners access their home equity -- without additional debtInvestors: Participate in home appreciation -- real estate investing without tenants or management.It's called equity sharing.

You're one of the most informative posters on CA ADU's so appreciate your comment.