However, be careful to fall into the trap of investing in a high- crime area, just because the cash flow on paper looks good.

I have known many investors who specialize in section 8 and are very happy.

They do work alright (I’ve got a couple LG versions) but the lint traps suck bigtime.

Some others in these nearby locations in the past lost their shirts when it came time to exit, refi, sell 1031 etc the last two decades...and became really trapped equity.

I'm still looking for a insect spray that will also eliminate such numbskull tenants; unfortunately, haven't found such yet.Gail

The amendments are in section 6.15A which covers subletting and section 37.9 which covers eviction.

Pay him 100 dollars to trap you a skunk and or badger ( I’d prefer skunk badger might kill the unstable women) place said badger and or skunk in the unit.

I love getting people hiding behind an LLC Testifying in a deposition under oath, and they start out lying and I let them trap themselves and they never know I have all the facts.

bill_id=201920200AB1482The section regarding rent control is under section 1947.12 paragraph (d): (the exceptions)(d) This section shall not apply to the following residential real properties:(1) Housing restricted by deed, regulatory restriction contained in an agreement with a government agency, or other recorded document as affordable housing for persons and families of very low, low, or moderate income, as defined in Section 50093 of the Health and Safety Code, or subject to an agreement that provides housing subsidies for affordable housing for persons and families of very low, low, or moderate income, as defined in Section 50093 of the Health and Safety Code or comparable federal statutes.(2) Dormitories constructed and maintained in connection with any higher education institution within the state for use and occupancy by students in attendance at the institution.(3) Housing subject to rent or price control through a public entity’s valid exercise of its police power consistent with Chapter 2.7 (commencing with Section 1954.50) that restricts annual increases in the rental rate to an amount less than that provided in subdivision (a).(4) Housing that has been issued a certificate of occupancy within the previous 15 years.(5) Residential real property that is alienable separate from the title to any other dwelling unit, provided that both of the following apply:(A) The owner is not any of the following:(i) A real estate investment trust, as defined in Section 856 of the Internal Revenue Code.

And it's easy to do in Section 8 buildings.