California landlords can now enjoy streamlined maintenance and cost savings thanks to AB 2622.Signed into law in September 2024, AB 2622 raises the threshold for unlicensed contracting work from $500 to $1,000.

I stopped charging pet rent, or deposits, I just raise the heck out of normal damage deposit if I sense a animal is coming. 

You've raised some excellent questions.

You will also need to determine how much you want to raise.

Without accounting for management fees (I have not yet decided if I will try to self manage), and with planning to raise rents to typical market of $825 for each of the smaller units, and $1200 for the larger unit, does this seem like a worthy first investment? 

Excellent overview of the power of professional and creative photography... and how the bar will continue to be raised. 

This destroys the credit of the original owner who can then sue the subto buyer.Another issue is if the subto seller claims they were taken advantage of by the subto buyer at a vulnerable time (pre-foreclosure) and an attorney or regulator raises the question of equity skimming.

I completely understand that concern and glad you both raised that point about a nursing home, however, I do have a big house and we have casually talked about moving her in with me when that time comes.

Maybe also consider if they are "good people" that work in the community and just want a safe place to raise their family. 

If you do the math, since your borrower is paying interest on interest, it raises your effective interest rate by about a point.