Some of the HOAs in the area are crazypants, but this one takes the cake.

Even the worst weed gets purchased and the market is quickly moving towards edibles and vape products.I see the civil asset thing to only be an issue if you are contemplating illegal behavior. 

Selling dope to the kids is just the final icing on the **** cake and really the catalyst for why the kids were hanging out in the first place.Month to Month.

Having multiple streams is just icing on the cake!

This would be a piece of cake for a CPA or a good bookkeeper, but here is quick description. - Property taxes that are realized (meaning you already owe them for the time period you owned the property) are expensed - If you have any property tax escrows, the escrowed part should go to the balance sheet until the tax is incurred and then it is expensed. - Rehab included in the loan. 

In markets with fairly big swings in appreciation (like California), Ive heard on a few podcasts that a good tactic to tell if the current price is a safe one is how it compares to the cost to build a new home that’s similar, and if it’s less than that it’s probably a safe bet (given of course that you’ve run all the numbers and it maths out, I know to never bank on appreciation, icing on the cake).

So if you've already been handling the other stuff, this last little bit of it will be cake.

Is it possible to have our cake and eat it too?

Our vacation rental is 2700 sqft give or take and it is a piece of cake to maintain.

Income is currently more of a priority but of course, appreciation potential would be icing on the cake.  2) My wife and I currently own low rent residential property and though they have appreciated, Covid exposed us to a lot we had not experienced/expected.