Big bear city, twin peaks, Bluejay, running springs etc. 

If they do, you bear 100% risk where it should be shared.

I get  what the market will bear .

People love to think it was a ploy to get rich on the interest (LOL....) but most of those funds were held in non-interest bearing accounts.

And yes you can allocate the partnership item 50 50 but the agreement needs to have specific languages such as deficit makeup requirement and other that shows both the partner bears an economic loss in the partnership. 

Make sure you keep each unit's security deposit in a separate interest bearing account and that return of the sec deposit includes any accrued interest.

Not sure if the powers that be are encouraging any of those efforts yet.

It's also right above the existing bath, so plumbing is pretty straightforward.Ryan- great idea about opening it up, except that that's the main bearing wall in the house and I don't want to have to get into installing an LVL and all that.

Our company, because of our numerous land projects and sale of development projects, has relationships will all the major brokerage companies and brings those relationships to bear on each of our own development projects.Our company has developed pure residential projects including multi-family rental, for-sale, and affordable housing.

When some thing is made illegal in one state, it bears checking to see if it's legal in the state you want to conduct business in.