I've tried to research laws and regulations for MTR but there hasn't been anything set specifically like STR. 

I have talked with a few MTR specific investors recently who are transitioning their properties to long term rentals because they are sitting vacant.

Without knowing all of your specifics, I'd say that it's only worth holding on to if you can reasonably expect to have some really good appreciation in the near future (like 5 yrs)....Or, in the case where it would run well as a vacation rental, you could switch the usage, maybe?

@Joshua Patterson nice intro, but what specifically do you need our assistance with?

We have specific and unyielding criteria for this, which we provide to all potential borrowers in advance.

In many cases, the $/sq ft value for an ADU can be slightly discounted compared to the main home, but it still boosts overall property value.As far as the specific question about Feliz/Silverlake, maybe reach out to a local appraiser or RE agent who would be able to give you specifics.

I am currently based in Canada and am looking to embark on my real estate investment journey in the United States, specifically focusing on multifamily properties. 

Look up the courses taught by Justin Kivel, specifically the Pro forma modeling course and the real estate financial modeling boot camp.

And are there any specific permitting issues popping up post-storm?

Hello, I am a 23 year old embarking on my journey into real estate, specifically focusing on multi-family properties.