You won't be forced to de-convert unless you have violations...eventually the city will start fining you.Very critical terms are non-conforming (no violations - grandfathered in) vs. illegal (violations)...

But the one thing that you can control is your creativity and how far are you willing to go with risk . 

Its all about the heavy brush with Manzanita and other dense brush full of oils that burn so hot and fast.. thats why in many areas in CA they have control burns..

I am worried about having an intermediary taking control of my property and renting to tenants I haven't screened.

Now, youre under the gun on a refi needed to finance another purchase and the loan you were counting on isnt - and never was - available to you because of an error that wasnt caught due to a lack on internal quality control.

Most of the reason I got into RE is because I control the asset.

@Akil MitchellFrom my experience, when buying a property, it's crucial to assess local building codes, potential de-conversion costs, and permit requirements.

Ask them if you deposit say $250k with them as MM or CD with them having control over it.  

Managing the operation myself could save money and provide better control compared to working with out-of-state properties.

yes, on paper it makes sense to run by the room because you can technically maximize your rental income but you have to consider the following things:- who has control of the thermostat?