Some neighborhoods you can get up to $5,400 a month for 4 bedroom SFH's in somewhat affordable parts of the city like inland Carlsbad, Mission Valley, and Tierrasanta.Do you think Section 8 is worth the extra effort in terms of government red tape and delayed inspections versus house hacking a SFH and renting out each bedroom instead?

Most new construction in my area don't come with backyard landscaping, just bare dirt and weeds.Also, building new construction in California has so many fees and regulations that it doesn't pencil out

There really is no downside, the only reason I've heard for people not getting licensed is that they don't want to have a governing body to answer to.

So, in the name of full transparency, I am a complete novice to real estate development and have learned a massive amount about starting a business, real estate in general and a whole lot more about how cities/counties and government works in the world of zoning and planning.Over the last two years, I've gained some significant traction with several jurisdictions in terms of a tiny house community development and the triumphant return of the "missing middle".

My question is, given that no government agency knows how bad the property currently is, are permits necessary? 

If there is Lead present I would check with your states regulations on handling lead abatement.

I am happy and enjoy friendly tax policy, tax law or nitty gritty regulation debates, but when you make those type of statements, cya later.You do not need to accuse me, nor anyone else of "fear-mongering" nor questioning tax logic. 

Higher taxes, rent control new regulations, open border, increase in renter rights, lawsuits, property values down, increase inspections, loss of property rights, social  ownership, a nightmare.

It means a loan that the lender keeps and doesn’t sell to the government.

With any partnership, be it business, real estate, whatever, make sure your operating agreement (the governing document of an LLC) states a few key things. 1.