Quote from @Brandon Foster: Hello Ryan,STR is do able in the north county area but there are a lot of rules and regulations.The city of Oceanside right now will not allow anything STR unless it’s west of pacific coast hwy.This is changing a lot too so you need to be aware of that in your plans.Carlsbad is super strict too but there are some condos that are still available to do STR in.Medium term rentals are as safer bet but way less profitable.

Quote from @Rajagopalarao Paidi: I have not seen any deals with this much spread like rehab+pp/.75, is this still valid and expected, because I have not come across any in this range  Hey Rajagopalaroa--Agreed--I don't use the 75% rule. 

Ive never heard of a loan mod being required for foreclosure as a blanket rule.

That's the only solution and it doesn't require fifteen paragraphs to explain or justify.

Furthermore, San Diego (historically high appreciation markets) is a tough lease market because the seller is taking risk of lost opportunity that is tough to justify. 

We do not verify identities, that would be a bigger lift than we are capable of currently, however it is against the rules to use a false identity per section 2.A of our website rules here https://www.biggerpockets.com/rulesSo anyone discovered using a false identity will be removed if they are reported to spam.

So pivot to an option that the underwriting depicts a return that justifies the effort and risk.good luck

But then we have to get into talking about the passive loss rules, which may prevent you from actually being able to claim a tax loss if the deduction is more than your rental or other passive income.Or you can claim the actual expenses (gas, insurance, etc) for the vehicle and regular depreciation, proportioned by the percent of business use of the vehicle.  

., if this was a 506(c) offering, and the sponsor did not make "reasonable efforts" to confirm all investors are accredited, than that is a direct violation of rule 506(c) from the SEC.If this was a 506(b) offering, there needs to be an existing relationship with all investors before any investment opportunities are shared.  

It should be producing far better return than the passive s&p to justify the effort.Good luck