You need this to extinguish any future claims regarding terms of the lease, names of occupants and deposits held.If your tenant is already scamming HAP, it's not a huge stretch to think that she'll try to falsely claim that you're holding an extra month's rent.You also need a copy of that current lease attached to the estoppel.  

Because very obviously the big quack is coming and California is sinking into the Ocean, and Hell quiet literally might have just frozen over.While you may be right about most of CA, San Diego actually has a rather long history of protecting property rights.I also think it’s a bit of a stretch to consider the fees associated with developing an ADU as a conservative/liberal issue. 

Broker training teaches you how to do the business.Lots of people ask for mentorship and leads, but I think that is a bit of a stretch in almost every brokerage. 

So the one year could stretch into 2-3....More cash down should increase your cash flow....could depend if you put down 3-3.5-5-10-20% or more.Be very very careful with wholesalers pitching "off market" properties. 

I’m assuming you have HOA fees too, so just make sure all your numbers are dialed in and don’t stretch yourself too thin.

Based on seeing the inventories go too high and with the foreclosures that are going to come in and start to compete as they start to release about 20 months of shadow inventory back out onto the markets across the nation. 20 months of shadow inventory is no small number by any stretch of the imagination you're going to see a large number of houses that end up going to the foreclosure sale and you're going to see a correction in the market that will be devastating as far as the loan you were talking about a 70, 30.It's common to get an 80 20 loan a 70 30 loan could be possible they're just specifically wanting you to go in with more money down on the deal. 30 percent down puts them at less risk and frankly more risk.

Since the studios will take 2 people comfortably but can be stretched to 4 people then it´s couples, couples with kids or two-three friends travelling together.When I write the "adventurous, none-mainstream" I mean it will be people that might want to live more like a local and tend to avoid the standard tourist resort feel where you and 500 other foreigners are stuffed into a resort/hotel and never gets to see any of the locals or areas outside the standard tourist areasOur building will be clean, cheap, decent location and in the new chic area of Playa Del Carmen.

@Bruce Lynn thanks for the honest feedback and my apologies for the delayed response, my wife and I are on the final stretch of baby number 2 arriving.

At the right sale price that money can be stretched either way.

Haven't seen too many DSCR qualifications allowing less than 1:1, and not even sure that's an avenue you'd want to explore given your "prime" conditions.Recommendation:- Continue your ideal position through the tough market stretch, allowing yourself to compete when the prime buyer's market returns.