I believe that even since Tyler went through his journey they have altered things, so they are definitely not big on sharing status until they are done, and are targeting largely hands off people who don't care / don't want to think about it, and Clayton was very honest with me about that.

Also, have you made any significant alterations to the property or if it were put on the market today, would it be indistinguishable from a standard 4-bedoom house (are there any extra walls for the SRO, constructed locks/barriers etc.)If its a standard SFR and the leases are very short term - there is a path that you could refinance this with a DSCR as basically a Short Term Rental and then potentially change strategic course back to SRO if needed at a later date

The slight decrease in NOI for me would alter my outlook on if leverage on my portfolio makes sense to buy a STR. 

There is unfortunately a lot of issues going on in the DSCR Secondary Markets with regards to PadSplits right now - Wall Street is insistent on considering them SRO/Boarding Houses and are pulling back making financing these (if theres any sort of alteration at all) very challenging at the moment Thank you for that information!

His class and group is life altering (says the person who signed up 24 hours ago and has never done a real estate deal). 

The majority of states have NOT enacted any rules, regulations or legislation that has altered the “wholesaling” landscape.  

The minimum time that lenders like to see you living in a primary residence is at least 12 months (although there are exceptions to this rule on the grounds of “life altering events”). 

Is it as simple as the guest or someone has altered the total nights stay?

"A phantom steps into the fray,Assuming roles before the day.Contracts altered by unseen hand,Transferring rights as if we planned.An eerie change without a clue,What silent act do I pursue?"

While this isn’t ideal from a transparency perspective, it’s a foreseeable outcome when the regulation doesn’t directly impact flipping economics.The Bottom Line: While AB 968 may promote transparency in theory, its real impact will likely create more complexity and hurdles for sellers of distressed properties and newer market participants rather than significantly altering the business strategies of established flippers.