Gordon Ramsey has had a restaurant for sale and it was taken over by professional squatters (didn't know that was a job title :-)They planned to give away free food and open an art gallery there and are threatening to prosecute anyone entering without their permission.

I plan to short term it when I'm not living in it so I designed it with an additional vertical guest bed to the right of the living room and with extra dresser space in the bedroom in case of long term tenants.

I plan on buying, rehabbing, and living in the home for at least 2 yrs.

I just went to the final Comment Open House and it looks like the final plan will go to City Council for vote around November and be effective in Q2 or Q3 of next year.Feel free to PM me if you want to chat more about your situation.Cheers!

Are you planning to resell? 

I plan to replace this before flip is complete.

But, since you're looking to buy a primary residence in California, this might not fit your plans right now.Structured Installment Sale: This is a way to spread out your profit over several years by receiving the payment in installments.

Hi Lamar,  Acquiring rental properties can be a rewarding venture, but it's important to approach it with careful planning and consideration.

Definitely agree those are great first steps and I do plan on utilizing the "Build your team" feature on BP.

I was told to ask about warranty, look into who's the licensed contractors, and perhaps get a real estate attorney.