They were initially resistant to it when first proposed in april but as revenues are coming in every quarter, lots of pockets in the economy are suffering and this is one for sure. 

It was codified in CA in 1970 and has plenty of legislative and case law (over 47 years) to show how CA courts respect this right.

According to the Texas Business Commerce Code (TBCC) Section 1.201(b)(27), Legislators defined Texas series LLC as a legal “person.”

I don't think you can go wrong if you have the liquidity and the market is strong. don't forget that hotels are built in the middle of nowhere brand new and do fine. if you want me to look more closely at it send me a DM, this is ours right here that we proposed so you can see the style but it's 81 residential units, 45000 sq ft, 6000 sq ft of retail, no parking. on your assumptions, your occupancy rate looks high. pull some hospitality reports in the market and see what it is. your exit cap looks about right for what I've seen in hospitality.

A DSCR is a debt service coverage ratio loan (against the new property) and effectively uses a proportion of the current or proposed rental income to qualify.

Another one of the investments, they are currently proposing for us a chance to "save a portion of our original investment," is literally unbelievable.  

Do I have to give downstairs tenants 90 days to leave and upstairs tenants 90 days at their old rate until I propose an increase?

We had a proposed driving range in my town and the State Department of Transportation was going to require them to have netting that was 80ft high due to proximity of a road.

I have found time is better spent building tools to quickly analyze & procure new deals, rather than hyper-analyzing the metrics of one deal, ultimately making initial review faster & more reliable (spend time on the things that make sense, quickly remove things that don't, even junior-level staff can identify good opportunities with the tools, etc).For example, if I'm modeling a SFR to 3-4 unit scheme, I can quickly check the $/sf/mo for each of my proposed units and get a good idea of the GOI without having to manually dig through &  find rent comps in that City/Zip:- So instantly I know in Woodland Hills that a Studio is close to $5/sf/mo on avg, 1 Bedroom closer to $4/sf/mo, with the 2 & 3 Bedrooms closer to $3/sf/mo.

What do you think of this proposed law?