Got this note from VRBO today:Dear Partner, We are writing to inform you that effective July 1, 2024, California Assembly Bill 537 will prohibit advertising, displaying or offering a rate that does not include all fees or charges required to stay at a short-term lodging (except taxes and fees imposed by a government on the stay).

The mortgage is not transferrable, but we think that if I'm added to the mortgage and the deed, it will be effectively the same.

The housing provider was under no obligation to extend the lease beyond the expiration date (thus the purpose of an expiration date) – THIS IS NO LONGER TRUE IN COLORADO.HB-1098 has effectively outlawed a lease non-renewal and reclassified it as a legal ‘no fault eviction.’

Which would effectively reduce finance cost.And allows for other options such as offered by ROCusa.org (Resident Owned Communities).https://rocusa.org/whats-a-roc/what-is-a-roc-how-is-it-diffe...Together these options allow the residence to keep their costs within their own control, and continue to live where they are. 

“The co-owners may effect voluntary partition in any manner they agree upon

This is concerning because someone who urgently needs to live in a home can outbid us and submit their interest to the trustee, effectively pushing us out. 

Many investors are building as they can do that more cost effectively than buying under the current market conditions. 

Text campaigns are going to become less effective in the coming months because of recent regulations, so don't spend too much money on them.

So, it's crucial to have clear agreements and carefully vet the projects to manage these risks effectively.

These developments offer the amenities and privacy of single-family homes with the flexibility and affordability of rental properties, filling the “Missing Middle” gap in the market.Another trend that has emerged is the use of light gauge steel construction, which offers durability, efficiency, and cost-effectiveness.