You won't be able to give any notice without "just cause eviction" basically you can never get them out of your property...Here's background info on the rent control changes in Calihttps://www.buildium.com/blog/ab-1506-threatens-re...https://nonprofitquarterly.org/2015/09/14/landlord...http://www.latimes.com/business/la-fi-costa-hawkin...

We're in the process of selling off two SFRs right now (the returns just aren't as good as MF, and we have good equity in both) and once renovations are done on a 4 unit, we'll re-fi that to get our cash back out, so hopefully we'll be in full-speed acquisition mode come 2017. 

He's great to work with for a re-fi.

Hey Guys,My name is Ralph White.I'm in Atlanta too in the Sandy Springs area.I'm really trying to move on a deal that just kind of fell in my lap.Currently renting the townhome I live in and today, the property manager says the owner wants to sell and I could have first dibs.These homes go for around $229K and she is willing to sell for $165K.He's going back to her with a preliminary offer I gave (a sort of Owner Fi type deal), but I still need about 10% down.Since this is so sudden I don't have that available, but don't want to miss this opportunity.The plan is to acquire it now, well below market value.  

Originally posted by @Karli F.:I

@Bill F. I

I've had my license almost a year and have helped my grandpa in some flips and manage all his rental properties in upstate SC. I

perhaps you could live there while it is being built even if you happen to sleep eat and poop next door.... that could save timeI think the most important factor is where do you want to live because if you want to live in that area than it may be worth it unless you can rent a smaller more affordable place for less money and the main factor is you financing because if you somehow got a builders loan and have to refi or sell to make the ballon payment in a few years that where you may have the problems regarding interest rates... but least you have your current house already paid off than just re fi traditionally with a fixed rate and you'll be fine so when you sell that one for a profit your new free house really will be free and paid off even if the rates go up....its getting to that point in our economy where people need to look closely at adjustable rates or short term ballon payment loans that will require a refinancing in a year or two when the rates will likely be higher....

Hello @Maureen F., I do plan on being an owner-occupier.

@Greg F. I