Title captures most of my question. I purchased a FIRST LIEN Purchase Money Mortgage that foreclosed, originally from 2006. The property had a first mortgage, as well as a second mortgage, both from the same purchase ...

For example, in California, we have earthquake and foundational issues.

California does not have a law requiring deposits to be held separately (neither did Alabama when i had Alabama properties) and it seems like a significant hassle to address a virtually never occurring event (not having money to return deposit to the tenant). 

People still sleep on the area and it is very close to Nor CA but has a lot of different benefits with similar appreciation. 

1.5k List 4 plus 2 1/2. 125k update no one has lived in since remodel.9737 Keeneland Row Blackhorse Community La Jolla CA

Hi Anthony-You asked about the best ways to find off-market deals for your in-laws to buy and move into and you are focussed on the Santa Barbara, CA area which I have been to and it is gorgeous.It kind of reminds me of an Ann Arbor on the ocean. :)Anyway, I like your strategy of driving and looking for houses in need of repair and sending handwritten letters and contacting rentals for the reasons you gave.

Andre,First off congrats on making the move out of CA and into a more accomodatinng state like CO in terms of Taxes, Home prices, and future to build a sucessful REI portfolio. 

Please let me know if you guys end up doing a zoom call I am very much interested.I am from california .I am a new person for portugal but love real estate. 

Most home owners are only familiar with California Closets pricing and automatically perceive closet fit outs as being expensive.

Secondly when I was more involved with CA RE in the LA basin.