I know it may sound as a BIAS from my side but I think this should NOT be legal to put covenant, see my logic here a builder build a whole community and one part of it is rentals the rest is single family, they put covenants and restrict the market to rent by room just to ensure they can rent their rentals that is a sort of monopolistic behavior and should not be legal.

He's going to screw up like this again and again, and the way these things go, most of the burden of dealing with it is usually going to be on you.As far as him ever taking you to court over this and winning -- this is not the sort of dispute between adults any sort of magistrate feels should ever end up in court.

It's the sort of market that passes every metric or test when you start doing research, though. 

We don't know you, we have no idea how you act under pressure, how much hair a sec8 tenant will have you pulling out or how thick you skin is.

Most "cash buyers" actually use some sort of financing. 

Same sort of concept with making an offer on real property, do you have your attorney make the offer?

I have been trying to avoid the coaching programs (limited capital) but it seems like I might need one if (and/or)  not a lawyer on retainer to sort  through it all.

He is the best but his ability to fully understand some of these newer business 2.0 concepts sort of escapes him maybe a little bit.

There is a meetup in the South Bay that happens each month so maybe that's sort of like a REIA, but it's definitely not a place to learn how to flip or be coached. 

Make sure the numbers so that if you put in 60k to 70k you're getting some sort of annual net profit so you aren't having to feed the investment.