The most likely form will be a Dwelling Fire policy (also called a Landlord policy by some companies).For your family, you may need to get a renters policy. 

I'm seeking insights into the pros and cons of investing in Accessory Dwelling Units (ADU) in south bay versus buying a condo in east bay, particularly in terms of appreciation and cash flow.

I still see 5 star reviews on my listing on Vrbo, but I don't have instant book so am not on Expedia too. 

If you are telling people you pay 10% interest and they are used to getting 3-5%, their mindset may instantly think your proposal is high risk.

HB262 states:"An Act relating to increases in rent for dwelling units; and providing for an effective date."

Property Value: The DIY option is viable for properties with improvements under $1.2 million improvement value (acquisition cost minus land allocation), covering most 1-4 unit dwellings.

For instance, as an Owner/Builder, you must pull the permits, and this instantly makes YOU responsible for the satisfactory completion of said permit, and you also must know applicable codes.If one of your Subs has an employee that is not completely legit, then that falls on you as well, and you might not have even known about it.....!

There is not a physical lease & the tenant clearly has made this their dwelling place..

Hi-Desert Dwellings 

SB1212This bill, on and after January 1, 2025, would prohibit an investment entity, as defined, from purchasing, acquiring, or leasing an interest, as defined, in a single-family dwelling or other dwelling that consists of one or 2 residential units within this state.