That's bittersweet, I'd be lying if I said I haven't contemplated doing the same at times.

Last week, I learned about Section 8.52.110 which is an LA County regulation requiring an owner to compensate residents they are evicting through the Ellis Act (no-fault) anywhere between $7k and $20k depending on the number of rooms in the apartments and the age/disability of the resident being evicted.I believe Hermosa Beach follows this rule, the city lies within LA County, but can't verify with anyone from the City if the City has a rule that supercedes the LA County rule.Can anyone with knowledge of this rule and how it is applied point me to a website or other source of information that would answer this question?

No conventional lender (that I've found) will be able to fit all this criteria, because it's very unique.Occupancy: Currently rented on a short-term basis (airbnb), however, in the process of securing long term tenants.Gross rent (for 1 tiny house): $14,400 annually ($1200 monthly)NOI (for 1 tiny house): $9,600 annually ($800 monthly)Expected Gross rent (for 2 tiny houses): $26,400 annually ($2200 monthly)Expected NOI (for 2 tiny houses): $18,000 annually ($1,500 monthly)Value of portfolio financed at 8% cap rate: $225,000Loan terms sought: 70-80% LTV loan size ($157k - $180k), 20+ year termAnticipated or actual appraisal issues: This is where one of the main problems lies.

So be homeless or lie about being disabled and needing treatment thats the situation we face. 

I want to get him to understand if our monthly payment is too high, we don't have the extra cash lying around to fix up the other unit and get it to market rents.

If you think the review is 100% lies do not read it or write a rebuttal.

So we would like to know if it’s possible to remove aunt A without getting tax reassessed.I also called the tax assessor office and he mentioned we could provide evidence after filing quitclaim deed for aunt A where she will need to provide her tax return and written comment that she was only a co-signer and sign an affidavit, stating she has no interest in the property.

Hey TJ, We all start somewhere in our real estate journey, and where that beginning point lies is entirely up to you.

Alan Kirkham is WealthAbility’s client success manager who is amazing at lying about doing things he has no intention of doing like providing a refund.

Their marketed numbers were WAY too optimistic/basically were a lie.