That is done via placing the highest quality tenant possible, keeping issues to absolute minimum, keeping maintenance and service calls to minimum, because to make it work properties have to operate on cruise-control.

Building on existing land helps eliminate the issue of land scarcity, which is a significant challenge due to California’s high real estate prices.

For example, if I purchase a site entitled to 100 dwelling units under a newly formed holding company and the only thing linking me to it is a shared PO box mailing address on the holding entity, the lender gets alerted.

There are large areas in the direction of the flight paths that do not have dense populations so it’s mostly a non-issue.

We have sent letters to each tenant asking them to be mindful and, if needed, to let us know if they have a maintenance issues with a window or door.

I highly recommend an attorney to draw one up as each state and each property can have unique issues. 

To help avoid a lot of these issues I would think about buying a "Modular" or use a "Tiny Home" vendor who offer these in many states.

That book was exactly what I need to hear as it addressed a point both me and my boss agree with regarding Rich Dad, Poor Dad which is, RDPD does well to help you view money differently, but it doesn't give you a starting point.

As Stuart mentioned, there are several issues that might arise with the property, which could definitely impact your cash flow. 

i fyour getting paid off when the vertical loan goes on.. then your in first position . so not sure what the issue is?