Depending on your local financing climate, you usually have to show at least T12 to refinance.

It's the climate.

I'm really excited to start investing here, it's a military town and the climate's pretty appealing, all in all I think it's a really good move for me.

It seems like a no-brainer to try to start collecting bookings given the present climate on STVRs, but I don't know how critical the activity on a property during the first 30 days really is for future rankings on Airbnb.  

Of course, all brokers seem to say that no matter what the climate is...

I am curious about Los Angeles only, in this moment and climate. 

In today's competitive climate you need every advantage to get awarded a deal, and taking some of the broker's commission is a sure way to get your offer shuffled to the bottom of the stack.So I guess my advice is to go talk to your real estate lawyer and your securities counsel about what you plan to do and get their opinion on your risk exposure and then go build a big business.

From a construction side, my understanding is basements are used in colder climates where you need to get below the frost line to avoid heaving of your foundation. 

Then they get charged a month-to-month fee, which is to encourage a renewal.The biggest reason we stick with a year lease is because of our climate.

We will sell our CA triplex before we move so that we are no longer exposed to the anti-business climate here, but plan to keep rentals in both AZ and CO, and are still considering investing in other landlord-friendly states as well.