City of San Diego requires a permit. 

The other watchout is if you lose your job you are required to pay the money back quickly, like 30-90 days with most 401K's or the loan gets converted to a withdrawal that comes with tax implications and penalties. 

Some schemes require the homeowner to unknowingly transfer the property title to a third party.  ** Other schemes will promise homeowners that if they transfer the title, they can continue to rent the home and repurchase it at a future date. 

If you plan to invest in multiple states or require advanced asset protection, consult a CPA or attorney to explore options like a holding company structure.

., Profit & Loss statement, Balance Sheet)Credentials:No formal certification is required and may or may not have a high school diploma, but some bookkeepers pursue:•QuickBooks ProAdvisor Certification•Certified Bookkeeper (CB) from the American Institute of Professional Bookkeepers (AIPB)•Certified Public Bookkeeper (CPB)Caveats:Bookkeepers do not handle and probably should not handle tax planning, financial analysis, or compliance work.

Trust documents are not required to be publicly recorded, ensuring that details about the trust remain private.2.

Multifamily properties provide higher rental income and lower vacancy risk, but they require higher upfront costs and more management.

Aside from the 0 money down, even FHA requires 3.50% down, everything sounds like you're on the right track.

@Michelle Hardy recommend you compare projections for:1) Current rent-by-room2) LTR2) MTR4) STRRank them by revenue, expenses and how much time each will require from YOU.Find the balance that works for you!

It also has a dashboard where you can see how far along you are with meeting the 750 hours requirement with at least 500 hours in material participation and 250 hours in general participation.