This could definitely be a red flag, but we would need to know more beforehand.

Thank you for taking the time to do a deep dive. 2% home appreciation was also a fairly low estimate, it looks like in that area it is actually around 5-6%.

Simplified ManagementFor those managing multiple properties, AB 2622 streamlines operations by expanding your hiring pool and removing the red tape often associated with minor repairs.Why It Matters for TenantsTenants also benefit from AB 2622:Faster Maintenance: Minor issues like plumbing or lighting can now be resolved promptly.Fairer Move-Out Costs: Affordable repairs mean tenants aren’t hit with inflated charges for damage beyond normal wear and tear.Things to Keep in MindWhile AB 2622 makes maintenance easier, landlords should still vet unlicensed workers carefully, ensure proper insurance coverage, and remember that jobs requiring permits must involve licensed contractors.AB 2622: A Win-Win for California’s Rental MarketAB 2622 strikes a balance between flexibility and accountability, making it easier for landlords to maintain high-quality rentals while fostering better tenant relationships.

That would typically be a red flag, for any contractor to demand 100% upfront, so that was strange, however I'm pleased with all the finished product.

Ever since that conversation I went on a deep dive of research and studying to figure out how to accomplish these wild ambitions of mine.She helped me get my first property when I was 24 years old, which we ended up selling after a few years and using the revenue to purchase another property.

If you only have a homeowners policy, and something happens like a fire or a guest gets injured, and the insurance company finds out you're renting out the house, you're in deep trouble. 

(I almost threw something at my monitor, but took a deep breath and realized my wife would be very upset if I broke another one :)They are not doing anything illegal, they are just CRE Remoras, who exploit less experienced investors, and there are hundreds like them.

So really need to do some deep market research, haha, but not so willing to pay for this, at least not at this stage when I'm just starting out.

The person they consider having the deep pockets. 

In other news, it may be tempting to purchase a waterfront property at a deep discount along the Western Coast but beware, you might get flooded in the next hurricane unless you want to do a teardwon and build on stilts.