They were abandoned and needed significant work which wasn't a huge issue but in terms of HUD owned properties i heard there can be significant processing periods.

This California law eliminates much of the red tape by bypassing environmental reviews and subjective local approvals, creating a faster and more predictable development process.

Generalists tend to get erratic sales here and there.Residential working with home owners is more of an emotional component versus investors is more about the numbers.

Im currently in the process of getting it rolled into an actual mortgage since these are rentals.

While this guidance provides general steps, it’s not legal advice; an attorney will ensure the process aligns with your specific circumstances.This post does not create a CPA-Client relationship.

That being said, I had to translate a lot of documents on my own for the loan process, so there was more effort involved.

I can't speak to the condo conversion process in your municipality this is something to weigh as well.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

Heck, you process debit cards if you insist for 1/10th the cost and non-reversible. 

County is not helpful or forth coming of process.