I personally like the buy-and-hold strategy and we help clients who share this long-term, wealth building mindset. 

But that's for another discussion.So in a roundabout way I was trying to get into the LA's commission, which I know isnt a popular strategy among Realtors.Thanks again all,TC

How to Track Regulatory ChangesStaying up-to-date might seem daunting, but the right strategies and resources make it manageable.Key Resources:Local Government Websites: These often publish updates to zoning, rental, and housing codes.Real Estate Associations: Organizations like the National Association of Realtors (NAR) or local landlord associations offer regular updates and seminars.Newsletters and Blogs: Subscribe to reputable legal or real estate blogs for insights into upcoming changes.Professional Advisors: Build relationships with real estate attorneys and property management professionals who can provide guidance tailored to your market.Pro Tip: Set up Google Alerts for terms like “rental law changes” or “landlord regulations” in your area to receive real-time updates.3.

It can simplify end-of-year paperwork, but you’ll want to confirm the details with a tax pro.3.Long-Term Game PlanPaying out of pocket and keeping your medical receipts can be a great strategy.

Look at their marketing strategy.

I personally would revisit your strategy of buying a negative cash flow property in SoCal, right now.

Personally, I advocate for a long-term investment strategy and would recommend investing the funds, provided you are comfortable with the expected return on investment over time.

Buying a second home to rent out is a solid strategy, but be sure you understand the cash flow, including mortgage, taxes, and potential vacancies.

Given the competitive market at the time, every property was receiving multiple offers, and securing a deal required both strategy and speed.

Plus diversification within your real estate portfolio can be a solid strategy.4.