Example scenario:Seller is selling 30 units for $1,500,000Seller is open to seller financing with 20% down payment (interest only + balloon,18-24 months)Hard/private money lender provides 20% down payment + funds for repairs (interest only + balloon,18-24 months)After a 12-18 month seasoning period, the buyer refinances with a local bank (portfolio) and repays the lender/seller The last step is made possible because in this example scenario the property appreciated through value add/market fundamentals, the buyer accrued 12-18 months of cash flow, the NOI increased (raised rents, etc) and the expenses decreased (sub metered utilities, etc).Am I missing something? 

Housing is seen as a fundamental right nationally, not just in Ontario.  

I cannot specifically address CA law, but fundamentally, your criminal record is public...and for a reason.

Best book other than the Bible you can ever read iMHO is "The Richest man in Babylon" talks about fundamental financial principals that can be applied to all things real estate.

If you buy on strong fundamentals and truly focus on location location location, you should have no issues.

When he first started learning the fundamentals he was the worst player on his team.

Although most of the content is relevant to the US the fundamental principles are great to learn. 

First thing is to make sure you understand the fundamentals of multi-family investing.

I think it is important to consider all the fundamentals if you are into rentals for the long haul. 

Different investors have different fundamental goals and their idea of acceptable risk.