Unlike much of what comes out of California these days, that proposed law actually sounds pretty reasonable to me. 

I sent it yesterday and haven't received a response yet, but either way, I'm happy with my decision because it allows me to set a SOP and follow it in the future.Dear *********,We can propose the following compromise after thoughtful consideration of your needs and ours.

Resilient real estate markets are safe for investment, and it’s tremendously important that Toledo keep that label through policies like the proposed lead law that match standards in nearby suburbs and comparable Ohio cities.Toledo is the only Ohio city in the hot-housing market top 10, and Grand Rapids is the only Michigan location on the list.

However, this probably wouldn’t have worked because with super high franchise fees the perception of potential franchisees would have been that the fee structure was too uncompetitive, and the result would have been that McDonalds would have had slower growth, and their competitors faster growth.Two other positive results of the McDonalds real estate strategy was (1) franchisees are more locked in since McDonalds is also their landlord (2) McDonalds was able to bypass legislation aimed at franchisors being able sell product at high prices to franchisees and (3) McDonalds benefits from the long term appreciation of real estate prices and inflation.

The town requires plans, proposed text, detailed narrative, and design guidelines before they'll accept the proposal. 

SFRs with HOAs I have noticed are in much nicer neighborhoods than ones without (I'm in Los Angeles).Most are going to have rules against what you are proposing to do.

The income from the property more than covers the bank financed mortgage and the repayment of the down payment to the seller which I proposed to make monthly payments on. 

Contact The Flynn Company for a leasing proposal.

Can you convert it back to an Airbnb for additional income and use the proposed rents to offset the mortgage so you can buy your new home? 

The new legislation for higher taxation of capital gains, to 66.67%, with no exemption for corporations (individuals get 250k per year) is another excuse I am using for now.