@Graeme Wright, Hoping you and your family are staying safe and healthy during these uncertain times.

So, you don't NEED to provide it (but, check your local laws to be safe)!

If you can be close to the 1% rule you're probably safe, but still run your numbers to be safe. 

With that being said if you're using an esig software we are talking about a few clicks why not just do it the long way to be safe. 

To give them credit, there are so many rules and regs for any county, it's impossible for the one person you happen to get on the phone to know everything.So just to be on the safe side, you probably should give them a call again to get some clarity on ALL of the requirements for renting out a basement apartment. 

If you are in an expensive market like the Bay Area, target units in cheaper (but still safe) areas.

Also wonderful, but harder now after the SAFE act.Just noticed we're replying to an 8 year old Post.

If something goes wrong with the property—like debts or legal issues—your personal stuff is generally safe.

Promote Open Communication Create a Safe Space: Great leaders encourage open dialogue, where team members feel comfortable sharing ideas, concerns, and feedback without fear of judgment.

Our book is exclusively on how to safely find and fund private money loans for passive income and secured by real estate.