The Trust Docs were prepared by the seller, reviewed by our council.

As an investor and owner of a property manager myself, I don’t like seeing headlines about our local City’s council seeking to pass more tenant friendly initiatives such as rent control, registration and inspections of all rental units and lengthening the time necessary for evictions. 

In Oregon we have state bond programs for this and it works.The open market simply will not turn these areas around most of the time it takes a progressive and aggressive city council that is sharp and on the ball and a Major who wants it done.. the last Major Kwami or what ever his name was .. was a thug and thief and him and his posse all ended up in Prison after they raped the city coffers.  

@Abad Marroquin - First you need to contact a lawyer for legal council. 

Amos said local officials, especially the Tucson City Council and Pima County Board of Supervisors, have gone from having a “no growth policy” to a more pro-business philosophy.

I think you'd need to contact HUD and your city council about getting permission to build or buy another one.  

At the beginning of seminars, they usually have a screen to support their pitch, it will most likely flash a disclaimer for a few minutes as to their information not to be taken as legal or tax advice and tells you to seek proper council, I doubt 5% every go seek professional council over the materials taught.

hello!My name is Daryl, I live near Vancouver, Canada. I am 24 years old and currently have 2 single family homes, I started investing when i was 22 and absolutely love it, I hope to make it a bigger part of my life. ...

Anywhere you see rapid and consistent year over year rent increases and a liberal-leaning City Council, you have that potential.

Yes there might be more competition but make sure you can dominate the competitors and stand out.Talk to local professionals like building officials, city council members, and local Chambers of Commerce to hear what is planned for the future and any laws you need to be aware of.