December 2020, I officially closed my first investment real estate deal with my partners.

READ THIS ARTICLEThe tenant is authorizing you to run a credit/criminal for the purpose of renting.

Do tenants ever complain to the authorities?

The prospect signs an authorization allowing us to contact the employer to confirm their rate of pay and the duration of their employment.

For the record, I have read:- Loopholes of Real Estate by Gary Sutton- Rich Dad Poor Dad by Robert Kiyosaki- Investing in Real Estate with Little to no Money Down by Brandon Turner- Tax Strategies for the Savvy Real Estate Investor by Han & McFarland- The Psychology of Money by Morgan Housel- The Book on Rental Property Investing (first book I've read here) by Brandon Turner- The Millionaire Real Estate Investor by Gary KellerReading has been my biggest source for knowledge and Brandon Turner has become one of my favorite authors now!

We are still really early in our growth (we officially launched in Feb) and haven't spent any money getting the word out as we have been hyper focused on development.

I started my "official" journey in 2016 with only $35k of my own money. 

Firstly, it's important to point out that Pismo Beach, like many other California towns, has imposed stricter regulations on STRs in recent times.The city has drawn a distinction between three types of authorized 'Less Than 30-Day Rentals,' specifically a "Short Term Rental," a "Vacation Rental," and a "Homestay Rental."

*Two-wire ungrounded systems with two-prong receptacle acceptable *Two-wire ungrounded system with three-prong receptacle unacceptable unless supplied through GFCIBased on that, the 3-prong outlets you put in wouldn't pass if they test them.If you're interested, here's a list of the top 10 most commonly failed inspection items (in order from highest to lowest failure rate) from one county Housing Authority:1.

Across all 65 properties we get about 2 bookings per month OFFICIALLY.