In Oakland, you may know that owner-occupied duplexes or triplexes are no longer subject to rent control after you've lived there for a year (for the period in which you live there).

For that, you need to wait for their mandatory seasoning period - usually 6 months.Banks are sticklers that way.

What is the minimum lease period? 

My guess, some will, some won't at which time you can give the poor payers the 30 days notices (essentially giving them a probationary period with the month to month and new rules to see which tenants can handle the new format and which can't ). 

In my opinion vacant insurance is only worthwhile if you have a building that is truly sitting vacant with no construction or occupancy for an extended period of time.Vandalism AND Theft endorsements?

The advantage of this setup is the logistics and convenience (all done with the same lender), plus the fact that the re-finance amount is based on the ARV of the property (not the initial loan) and can be re-financed immediately (no freezing period).

Maybe it's just because I have a wait period before I think I can put these new tools to use, and I'm getting a little anxious, but if anyone has any tips on other things that I can be doing now, that will help me in the near future, it would be a tremendous help!

I have had great outcomes with several HUD homes after the first look period has passed. 

Even if an investment is 10 years there still should be some idea of what that exit strategy looks like at the very least what the debt schedule looks like at different amortization periods.

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