It seems L.A. is doing everything in its power to prevent homelessness and a housing crisis.Given this information, what really is there to justify the thought that a crash could occur?

@Trevor BrownWhat is preventing you from getting Fannie/Freddie financing?

Don't know if covid prevented evictions.

But do to covid19 we froze all unnecessary expenses.

You can create multiple subsidiaries to separate your assets and prevent problems in property spilling into the others, it also makes administration more streamlined since your LLCs are all in one place.

What scares me about the rental market right now is tenants that can't pay, laws preventing evictions, and the uncertainty around how long this will last.

@Avery Carl if I had an equity partner who signed for the loan and funded the down payment (ie if I’m not on the mortgage) would I need to be on title to retain an equity % of the future profit when exiting the deal or is that unnecessary provided there’s a partnership agreement spelling that out?

Other times the proprietary questionnaires will answer extra unnecessary questions which the underwriter never asked for, but if they are voluntarily disclosed, the underwriter often cannot pretend they dont see it. 

Finding the issues up front will prevent you from wasting all that time later on. 

Fear prevented millennials from buying.