Investors normally get there payments on time, most of the tenants stay for long periods of time because if they move it is a hassle for them, and since section 8 requires that the property stay in certain condition it will help keep the maintenance costs down. 

However, i am unsure those requirements extend to the OTAs.  

Here's the bottom line - you won't cash flow, period, for YEARS. 

So we would go from a 60 something year lease (it has been extended when she purchased 10 years ago), to a 49 year lease.

It would be a second mortgage that I wouldn't be able to use as an investment property for a certain period of time.

So if you want to get into contract make sure that you negotiate an extended or contingent closing to accommodate the sale of your old propertyAll good options - And I'll reach out via pm.

Now it has CA code that protects them from jurisdictions that could advocate for their removal which would result in less safe units being available.It is an interesting dilemma especially if after the initial law they pass a subsequent law extending the dates.  

We maintained our collections above 95% through that period as did most other good operators.

I know the deferment period for capital gains is almost up, but what are the pros and Cons of an OZF vs a traditional 1031?

These loans allow buyers to purchase a property “AS IS, WHERE IS”.Renovation loans are available in 30, 20- and 15-year fixed rate terms and can be used to purchase owner occupied, second home and investment properties.By time the renovations are completed, the home needs to be in move-in, live-in condition and conceptually ready to be resold without repair issues.Other Important Items to Know about “Conventional” Renovation LoansMaximum – Minimum Purchase/Upgrade Amounts:Maximum: Limited to 75% of the “after improved” valueOccupancy: Primary, Second Homes, Investment PropertiesUnits: 1-4 unit propertiesRenovation Term:The renovation term for this program is a maximum of 180 days.The Borrower(s) is responsible for the work being completed within the escrow period.