I am always looking to build my network.Best,James

If you sacrifice short term profitability on your PM company for the long term benefit of building the PM company that will manage your future portfolio it should pay off.

And what's the long term vision: Is this 1 house or you plan on building out a portfolio?

What a cost segregation study does is it analyzes a property and breaks out the depreciable basis of the property to more than just building and land.It will try to identify assets that are eligible for 5, 7 or 15 year asset lifes which would be eligible for bonus depreciation.Whether a cost segregation study will help you depends on your tax situation.High level, it will help you in two situations1) Your rental property is active and you can offset the losses against other forms of income.2) You have a lot of passive income and you want to increase your passive losses to offset your passive income.Best of luck

They are building another section of the same subdivision down the road, but is only for buyers no renters.

This is a mixed-use building with 3 residential units and 1 commercial unit.

But I know more comps are probably needed(assuming it sells).ADUs are definitely expensive to build.

I see from LA RSO guideline documents that "The rent level on a rental unit, after the family member or resident manager terminatesoccupancy, shall be restored to the rent level prior to the eviction, plus any automatic increasesthat are due.

Loan Details: - Interest Rate: 3% - Loan Duration: Up to 30 years - Maximum Loan Amount: $10M - Documentation Fee: $720 - Approval and Funding Time: 48 hours3.

Documentation is very important, and sometimes an issue will pop up later and you will want photos to reference back to.I would also add to be conscious of the tenant’s privacy and remember that it is their home too.