.: I'm curious how CA agents can make a living with laws like AB2992 that state:"If the out-of-pocket costs to pay their agent remain too great and the seller and buyer have not yet reached an agreement on the sales price and/or terms, the buyer may walk away from the subject property provided there is an exit clause, proceed without representation, or approach the seller's agent about possible dual agency representation." 

I have quite a bit of knowledge on the KC/STR subject. 

Subject asset is a 64,000 SF Class A Mixed-Use building comprised of 25,000 SF of commercial across 10 units, 39,000 SF residential across 32 2BD/2BA duplex apartments, and 165 parking spaces.

Subject asset is a 64,000 SF Class A Mixed-Use building comprised of 25,000 SF of commercial across 10 units, 39,000 SF residential across 32 2BD/2BA duplex apartments, and 165 parking spaces.

Also, if you're working with a local bank, theyre likely choosing not to originate  Conventional loans for investment properties and to only offer commercial loans that they hold on their balance sheet, which are subject to their own internal credit policies.

Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.

Househack, creative financing (seller financing/subject to), buying properties through lien auctions, partnering with someone who has cash.

If we sell our crypto holdings to invest in real estate, we will be subject to significant Capital Gains Tax.

Subject to zoning I see self storage, parking, tow lot, semi parking, etc.  

One, the investment may have been one that worked well but a mostly unforeseen occurance happened, to either the economy in general or to the subject investment in particular.