With the sweeping legislation overhaul in Jan 2016 some LA ADU owners are going through the process of getting their illegal units permitted.

I don't have a clue how this is going to play out and no matter how much anyone claims they do because they have read this or that in the regs or the legislation they don't either.And here's why...Every single law ends up with unintended consequences.My bet is somewhere in this country, right now, a lawyer and one or more interns or law students are looking for ways to have Dodd Frank not apply to something their client wants to do.

This tax legislation extends or reverts to pre-2023 tax treatments of very favorable tax legislation that apply to real estate investors. 

And if it turns out you've made a mistake on a tenant, the legislative headwinds make it very difficult to un-ring that bell and terminate that business relationship. 

Take for example, the cap and trade legislation that just passed in the house and will be moving to the Senate.

I'm just waiting on the government to legislate that they can no longer cherry-pick who they will or won't insure based on stupid things like the size of a panel or type of wiring.

I think video evidence will help your case if it ends up in court, but it saddens me that we have to go to such lengths because of all these progressive laws being rushed through legislation in order to pander for votes. 

Lots of county wide legislation already in California and it seems like there is more to come. 

I think lenders, private or otherwise, will be greater influenced by legislation at the state level than the presidential election.

Needless to say, another added cost and burden, aside from the already anti-landlord legislation that has passed.