They proposed to pay a year's rent up front.

The response I received from the PM was that it's due to recent legislation where she's seen "professional" tenants take advantage of recent tenant protection laws that allow them to stay in the property without having to pay rent for the term of the lease. 

Hey BiggerPockets community,Steve Welty here, excited to share some insights on a new piece of legislation that could have a big impact on landlords and tenants alike in California: Assembly Bill 2216 (AB 2216).

No, I have not done something like what I am proposing, which is one reason why I'm looking for some input on this forum :)- House hacking would be a good idea, but moving for my family is not an option right now. 

Just wanted to share, I've noticed a loosening in down payment requirements for DSCR (debt service ratio loans) that either use the actual or proposed rental income to qualify.

No zoning issues with your proposed use of the property?

Louisiana—Property Tax—Administration of tax sales of immovable property.L. 2024, S119 (Act 409), effective 01/01/2026, upon adoption of the proposed constitutional amendment at the statewide election to be held 12/07/2024, repeals numerous provisions related to tax sales and provides that the assessment of property taxes and other impositions on immovable property will constitute a lien and privilege on the property in favor of the political subdivision to which taxes and other impositions are owed.

How would you propose they "Protect" their deals?

Here is text taken from the HOUSABLE website for Oakland:Utility ConnectionsCategory One: No new or separate utility connection shall be required.Category Two: A new or separate utility connection may be required, but the connection fee or capacity charge shall be proportionate to the burden of ADU on the water or sewer system.Here are definitions of the ADU categories from the City of Oakland website:CATEGORY ONE ADU: Involves either conversion of space within an existing Single-Family Dwelling, or conversion or rebuild of an existing accessory structure; includes no expansion of the existing building envelope other than up to 150 sq. ft. for purposes of accommodating ADU access and egress only.CATEGORY TWO ADU: Involves construction of a new detached or attached structure, including an exterior addition to an existing structure to accommodate the ADU, in conjunction with a proposed or existing Single-Family dwelling.It seems that Oakland is making things confusing with the language they are using, but I still believe that my original interpretation is correct based on the State Assembly Bill. 

This increased demand and consumer spending during a time of extreme low supply, means prices go up.Remember, this is the third inflationary housing policy in as many months proposed by the federal government, all during an extended 3-year time period of high inflation, which is still near double the Federal Reserve’s target rate.