Investors can fast-track their timelines and boost ROI, while agents can use these streamlined rules as a selling point to attract development-minded buyers.In Carlsbad, SB-423 projects are allowed in residential or mixed-use zones near urban areas, with 75% of the site’s perimeter needing to border developed spaces like homes or businesses.

I know there is a lot that I'm going to need to learn, and ultimately it will come down to how much the student puts into it.  

I just include the utilities in the rent.

This includes all charges paid, utility accounts set up, renter's insurance established, lease signed, etc.

However, a check of the zoning showed this property was zoned for up to six stories.

For those reasons I see it quite remote that any state could come up with legislation to stop a sub 2 transaction or automatically call it.. there is already a vehicle in place to call the loans.. its up to the holder of the note to enforce it if they wish..

Nothing a "subject to" enthusiast could think up? 

I attempted to provide the most transparent and up to date information on this site. 

We did give 50k deposit up front which he says he will use towards finishing up.

Deposits will not be returned (full or partial) until all tenants move out.If Tenant A didn’t come to you to get part of the deposit back they may have gone to tenant B, but they most likely walked away from it and I feel it is between tenant A and B to sort it out.Personally I would return it to tenant B, the active tenant in the current active contract.