The only way you can break that log jam right now is severely lowered fed rates, but the level of federal debt is such that they're in a no-win situation because there's going to be little appetite these days for buying 1% fed notes from overseas.The fed rates were kept too low for too long.

Use for investment for 1 year and then live in it for 4.In theory the FTB for CA follows the same gain recognition rules as the fed. 

Typically  issues are raised when the exterior is not kept up with / parking on grass / garbage in neighborhoods where everyone takes pretty good care of their homes.If you keep it clean and run a tight ship, you should be okay most of the time.

Look, I am not saying all this is going to happen, that Pace will soon be lead away in cuff's for an all expense paid lifetime pass to "club Fed"....

I know Fed people that have fought the state over this.

If not then we go with a really clean look of fresh beds, and grass that will really pop out. 

Fed's can talk all they want about "creating" however millions of homes, it changes nothing unless Harry Potter comes into office and shezams them into existence. 

Money markets are paying 4.25% right now and are likely to rise a bit with the fed raising rates again.

Most importantly is the information that is fed into the tool (along, of course with accurate calculations).I analyzed so many deals that myself or my partners were not inclined to pursue, I felt the time/effort shouldn't go to waste.

as to class action I don't know.. but I think it may be forth coming.. my real interest is to see if the AG or feds indict him.