It is because the Federal Reserve and Federal Government may not be able to utilize their standard monetary and fiscal remedies for inflation or unemployment as effective bullets against stagflation.

Simply adjusting the rent when her lease is up or renting out the 3rd unit to a separate tenant will drastically increase our cashflow.

But, the point wasn't about may beliefs, it was about making those that don't know about SB 280 aware of the increased regulation.

The inclusion of additional units could potentially increase my qualification for higher-priced homes, contingent on the rental income they generate. 

Hey Ryan, Assuming he is putting no money down to purchase, the property has increased enough value in 5 years to refinance at 75% LTV, then yes, he will be responsible for the closing costs of the loan at the time of refinance. 

The market has significantly tightened and worsened since 2022 with price increases across the board for the most part.Definitely recommend you speak with a knowledgeable broker.  

@Karl Dunlaphouse hack, live-in flip, or standard long term rental with minor cosmetics or value add

Many will also handle the application process.2) Industry standard the way you are doing it.3) Word-of-Mouth from other agents4) Upwork is best5) Google competitors, many have their PMAs on their website.

Our budget with rehab is around 150.We do understand the value of professionals and I guess a great interior designer can actually pay itself (by increasing the ARV).Just wanted to get the community's take.

My accountant does not typically deal with real estate investors, so she does not have a standard spreadsheet available.