(Littleton and Colorado Springs, for instance, initially had laws allowing Airbnb and then revoked those laws but grandfathered in existing permits.)

There are many reasons that adding a single ADU in southern CA is a less than ideal RE investment (i will post a list at the end) but the negative initial equity is a primary reason as the initial negative equity position consumes the initial cash flow and can take many years to recover.As for converting your home to a rental….

The replacement shelves were ordered individually, I was charged the initial inspection fee to tell me the shelves were missing, the cost of the shelves plus markup by the PM, and $67 an hour to "install" the shelves. 

Security systems are easily outsmarted, that’s the point of the initial visit, to case the joint. 

Thanks again to everyone who is reaching out I feel confident that I will be able to move forward with at least one of the contacts made since my initial denial. 

.: Quote from @William Woodring: Update on my postAs pointed out, the initial terms on my contract in Oct 2021 were beyond industry standards.

I've been running the numbers on different properties using a variety of online calculators for properties that I initially thought looked like there may be potential.

Quote from @Jin Zhang: You initiate the process by filing a 3-day Notice.

With probate and prefreclosure it is particularly important how recent your leads list is to the actual initiation  of the probate and preforeclosure case/recording. 

The more cash you put into a property initially the more cash flow you get.