Mortgage lenders have filled that gap because for whatever reason the law doesn’t put as much regulation on them.So go with a mortgage lender.

Unsold inventory sits at a dangerously low 3.0-month supply at the current sales pace, down from 3.1 months in July and down from the 4.0-month figure recorded in August 2019.

(c) This division shall not apply to debt collection regulated pursuant to Division 12.5 (commencing with Section 28100).

Demand greatly outpaces supply as many owners are using their properties as STRs. 

The numbers all look good, I’m just wondering if there is anything I’m missing in terms of location or regulations that would turn this into a nightmare.

Once you figured that out, you want to focus on employer diversity and supply/demand. 

It would also not work if you installed the valve where it would end supply to something else (ex. washing machine).

You may want to look at the short term rental regulations before you buy.

That means throughout this whole next market cycle there will be a shortage of supply and an influx of potential new renters (unless everyone displaced moves in with mom and dad or grandma).

With low vacancy rates and increased business development from Amazon, Dollar General and ABC Supply Co. this market is a great opportunity for turnkey investments and high yield out of state purchases.