Nothing herein is legal advice.Effective July 1, 2024, California Civil Code section 1950.5 generally prohibits a landlord from collecting more than one month’s rent as security deposit, whether the rental is furnished or not.

This is a great time to update your lease to (a) a month-to-month contract, so that you can ask anyone to leave if they are messing up the feng shui, and (b) add a non-smoking clause.I have written extensively on the merits of MTM leases here on BP, so you can read about my rationale if you'd like.Here's my non-smoking clause:SMOKING: Smoking is prohibited inside your unit or in any interior common areas.

I don't know of a legal prohibition on it, but you would need to find a settlement company willing to accept it.

I'm getting nervous that the area is eventually going to become unlivable because of the prohibitive cost of the insurance.

ya maybe being able to choose your own tenant and disregard discrimination laws for race religion sex disability because you owner occ one of the units.. falls under something different but it is federal law.. unless prohibited by state county or city.. the owner of a 1 to 4 unit who lives in one of the units does not have to follow the selection rules..

In my state, rentals less than 30 days are not regulated by the Real Estate commission.I don't think any of these short-term rental platforms explicitly prohibit arbitrage, but I wish they would.

This goes along with some exclusive use/prohibited uses.  

Non-recourse lendershttps://www.biggerpockets.com/member-blogs/2810/50272-list-of-non-recourse-lenders-for-self-directged-ira-and-401kSolo 401khttps://www.biggerpockets.com/member-blogs/2810/21298-solo-401k-advantagesSdira self directed ira https://www.biggerpockets.com/member-blogs/2810/blog_posts/28450-real-estate-iraProhibited Transactionshttps://www.biggerpockets.com/member-blogs/2810/44738-prohibited-transactions-for-a-self-directed-solo-401k-or-checkbook-iraDisqualified Personhttps://www.biggerpockets.com/member-blogs/2810/47960-disqualified-person-in-a-self-directed-ira-or-401k

Most ADUs are ground up and are cost prohibitive. you need to contract dwelling units under 1000 sq ft at $250 per square foot to make the numbers work as a builder in columbus. the cost of an adu and rezoning I'd pass on this one.

A quick synopsis: We got our zoning approved through the city, we then had to get a variance because we want to run an 8 bed facility but the International Building Code would have had that be a "Commercial" property and would've needed to be compliant with all of the ANSI requirements like having an accessible main floor bathroom and 2 accessible main floor bedrooms, this would've been cost prohibitive to us.