Rent control on MF and if prop 33 passes (last polling I saw had it ahead) it could apply to all housing.  

If you would be interested in sharing your story please apply at biggerpockets.com/guest Your mindest seems incredible and keep up the hard work!

@Jeff SkinnerRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Apply pressure and add economic industry on/to Panama and have them do. 

I was going through the rent control laws ( I know, should have done that before purchasing the property ), and a section stands out. https://ecode360.com/30526708#42037155Based on what I can read, the rent control chapter doesn't apply to: Dwellings of three and four units, at least one of which is occupied by one or more of the owners thereof.My understanding is that rent control doesn't apply to owner-occupied multi-units. 

We’re pleased to share that the tenant paid rent on the 3rd, just before late fees would have applied. 

@Mohammed Islam, The claim of loss due to the tenant moving out for the sale COULD absolutely apply to the situation.

If you do not have an FHA mortgage then go ahead and apply for one on the investment property. 

And the best part is that I haven't had any missed rents because people weren't able to apply. 

It would not surprise me if they were acquiring the paper and servicing rights to take an inside line on refi's for these customers if rates decline.Actually CFPB regs may NOT apply if the subject loans are investment or commercial property loans and not SFR owner occupied or consumer loans.