Also, in Southern CA, we have a lobbying group named the BIA (Building Industry Association)...they lobby for pro housing legislation both at the state level and city/county level. 

As a mortgage professional for twenty plus years, I can share that the mortgage market is similar to other competitive industries.

What are their specific plans to get to their 90%?  

Specifically, I am interested in room by room student rentals around universities.

Does a trust account by definition mean that money will be held a specific financial institution location?

My out of date layman's opinion is that if the building ever had six or more units what you'd wind up with is one deregulated apartment and four regulated units. 

Starting to work on a 4 unit property, set up as two duplexes; two units to the left, 1st and second floor and the same to the right.  Each unit has its own entrance/exit in addition to the common egress. This has pot...

Most of them amortize and have a specific term that is relatively short (3-5 years).

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

I had no idea that only specific sections of the city allowed STR.