While it’s impossible to know when / how many homes in a certain city will be impacted by fire, flood, etc I try to stay top of mind with ALE Solutions so that I’m one of their first to call or email in the markets I operate in

It's also important to be aware of any deed restrictions or covenants that could impact your intended use of the property.A Personal Anecdote:I once assisted a client in Omaha who purchased a Freddie Mac home intending to convert it into a rental property.

You're the fish.They often use a mix of fear, threat and urgency to push a target to act.It can be as simple as a 24 hours sale from your favorite shop that requires you to log in to your account first or your boss asking you to wire money right now or he/she/they will lose an important contract that will cost millions.So cybersecurity is important because without that, you might have an incident that can cost a lot of money, impact your reputation and might affect your credit score.

Making matters worse, these properties are normally in neighborhoods that are disproportionately impacted by OpEx and CapEx.

The credit score of the guarantor will impact the rate- more on that below. 

Since non-permitted work could impact insurance or liability, I’d consult local authorities, hire professionals, and confirm zoning compliance to ensure a smooth process.Good luck!

Additionally AB2533 should grant more flexibility courtesy of its language to limit the city "impact fees" - like that $8k number - so that a good chunk of those fees can be waived since the state is now supposed to reimburse the city for those fees in lieu of you paying them. 

The accounting software that you choose should not impact your relationship with your accountant as long as you can provide them a report that is easy to read and understand.I would suggest, if possible, to change softwares at the start of a year as it would make things easier.Furthermore, make sure you to carryover all balance sheet ending balances to your new accounting software.Best of luck

@Joy McQuearyRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

But so far it hasn't had any meaningful impact on tourism and isn't likely too either.