Investment Info:Single-family residence buy & hold investment.

One thing I don't love seeing is single family portfolios.

In this case the land was zoned R3 for 1-4 families still and it was just the building that had been converted illegally.

After much legal advice, I understand I can't force a tenant in CA to leave (no-fault evictions are illegal here) unless they are arrested on the property, stop paying rent, or if you have a family member move in.

But I’ve been given the reins of the business and am hoping to learn and grow into something that can build a level of generational wealth that will benefit my family (siblings, cousins, and children) for years to come.But I am filled with doubt in myself and skepticism about how real the success stories really are.

I am looking at zip code 78229, and you can still get single family homes in the mid 200k range.

Screen well upfront...most residents who do this have a recurring history of it.

@Jonathan Barr I am sending this letter to single family absentee owners with over 50% equity.

My business partner and I have spent the last 15 years fine tuning our property management business for single-family and small multi family investors.

I’m looking to purchase my first multi family property.