Any structure inside of 15 feet from the easement will typically trigger the requirement for approval by LADWP which requires them to send their inspector.

My mortgage broker told me that a conventional loan is another option as due on sale is no more an issue as long as the loan is owned by Freddiemae, which means that it's fine for me to transfer the title to LLC after the sale without triggering the due on sale clause.

All I’m saying is just now what your looking for and be able to pull the trigger as soon as it hits the market.

Hi @Riley Barclay and congrats on getting ready to pull the trigger on your first deal!

I'm currently becoming paralyzed by all the analysis and wondering if now is a good time to pull the trigger or wait to see what happens in 2021.

Please do not post "you should seek a tax professional"  I will do this but wanted to know if anyone here knew anything besides "You should seek a tax professional"  Now that we got that out of the way, I want to know if the property is in my name can I move this into a trust without triggering a sale or depreciation recapture? 

After 4 years of massively rising protectionism triggered by a 74 year old leader we now start into a time of slightly less protectionism by a 78 year old leader.

I almost pulled the trigger on turning a couple of our LTR into a short term rental in the past but self managing was what gave me cold feet.

I am using a GC who I know which may be slightly different than your situation but for my deal I know the area and zoning so I was able to calculate and pull the trigger on the deal.Feel free for DM me and I can try to see how I can help you. 

Plan on a lower appraisal, say 5-10k less and if those numbers work for you then pull the trigger on the refinance.