Put in an exclusive right to sell contract.

Not to mention that practically not a week goes by without a newspaper headline showing a net outflow of population (I guess people can only take absurdly high taxes, government regulations, cost of living,etcetc for soloing before they decider's not worth it.) and SoCal continues to be a lousy place to invest, compared to other, more stable and "boring" Midwest and Southern markets.I agree with the "house hack"; if one HAD to live in SoCal, possibly THE BEST way would be through a house-hacked duplex, try or quad.

I do want to hold long term, but I'm wondering if as a 2 family I should maximize the appreciation from neighborhood improvement for the next 7-10 years and then sell to use the cash (saving on the personal tax exclusion), and put it towards a larger project or a 3+ family.

I am hoping to use funds from my adjunct teaching to invest in real-estate and was hoping I'd be able to shelter this income by dumping it exclusively into the Solo 401K.

the declarations as with any insurance company has alot of language that seems broad and stuff but i found the broker on here and i heard decent things..i also have a general liability coverage for 2 mil but it seems like there are so many exclusions as im sure with alot of properties...i mean the declaration page for my policy is almost 150 pages long...i know the language needs to be explained thoroughly but i feel as tho there is so much room for insurance companies to find a way to not pay a claim for a number of reasons....i dont know...maybe im too cautious and too conserative...i just made my downpayment of 592 and my monthly charge of 209 per month will cover my 3 properties and my general liability for 2 mil in coverage. 

Not exclusively but most of my clothes are second hand.

Nothing worries about but if one tenant file a lawsuit, then the landlord will be on their radar, and no one knows how much it will cost the landlord and another thing the landlord will be on the news and in the newspaper. 

Hi Jeffery,  My view is that there are so many deals out there that a high personal labor and cash deal should be passed on.We've bought 20 land homes, all exclusively rent to own, seller will finance.

I believe Nevada Legal News is a local newspaper that provides information on people who are tax delinquent.

Others want to rent to stay nimble.I have seen some people sell and move every 2 years to take the gain exclusion of the primary residence.