Investment Info:

Single-family residence buy & hold investment.

Purchase price: $33,000

Cash invested: $6,000

3/2 on a quarter-acre lot in a rural setting.

How did you find this deal an...

@Taylor Cook, first off you CAN'T be an agent for the seller and also be the buyer!

We had a borrower who first three loans did great and this fourth one is in default (we are in first).

First full time STR

I bought my first issue in 1976 (My Killer, The Car!)

First full time STR

I got my first “career” job a year ago, but quickly realized that trading time for money wasn’t going to be enough if I wanted to create wealth while living in California.

I’m looking at this as a first rental investment outside of my primary home which we own.

If nobody goes along, then the law is essentially dead in the water.I imagine there could be multiple cities interested in implementing this, but there needs to be a couple municipalities who are the first to do so and test it out for everybody else.  

I first got started with real estate by buying a 3-flat on a whim 5 years ago and now I am back for more.Happy to meet everyone!