Your first set of problems you encounter you are ready to throw in the towel and that mindset will never work here.

So, they got taken advantage of.4) They didn't do enough research on comparable properties before doing repairs - so went either overboard or slumlord, instead of properly Maintaining to the Neighborhood.The other challenge we encounter often is investors expecting perfection.

With single-family properties, you typically encounter lower expenses, longer tenant stays, and more reliable tenants, especially in C-class areas.

Actual Cost to Build: For those who have built ADUs in LA, what were the actual costs you encountered?

However, I’ve encountered various restrictions that make it challenging to find a viable STR property, such as:- Requirements for owner occupancy or a property manager living within 30 minutes.- STR limits like no more than 100 rental days per year.- Rules prohibiting guests from using lakes for recreational activities.I want to better understand if operating an STR in this region is feasible, particularly with these restrictions.

I encountered a lot of bad management companies who just drain investors money.

You're not the first person to encounter something like this (hard to believe, huh?)

I'm just thinking of the different scenarios I may encounter once it's actually time to purchase these investment properties.

Any work outside the scope of the initial plan is not permitted as the loan amount cannot be increased.If the project encounters cost overruns, those cost overruns will be the responsibility of the borrower to pay.Renovation Term Extension Fee:.50% of the total loan balance.

We often mail out the first check when we encounter these situations.