There are federal regulations that need to be met when you are handling it.

I had read in Oakland's HBX zone regulations manual for a dwelling unit there is a minimum 930 sf of lot area per unit however what happens when the lot is less than that?  

And some regulations you have to be aware of. 

Towers come with own set of rules and regulations for fire, compliance, central mechanical, elevators, roofs, accessory rooms/office, and model units- this has been amazing experience working on building new efficiencies, implementing CAPEX with large NOI drivers - VeryExciting to have walked the gauntlet on the tower apartment versus garden-style - Truly expanded knowledge and experience.

Towers come with own set of rules and regulations for fire, compliance, central mechanical, elevators, roofs, accessory rooms/office, and model units- this has been an amazing experience working on building new efficiencies, implementing CAPEX with large NOI drivers - VeryExciting to have walked the gauntlet on the tower apartment versus garden-style - Truly expanded knowledge and experience.

Thought I would share this article that covers new regulations, some of which are going into effect this week:1) Rental registration 2) Late fees 3) Security deposits https://finneylawfirm.com/2020...

In this climate, I'd use a really savvy eviction lawyer who ONLY does evictions, and who is young enough and smart enough to be able to learn the new regulations, and tech savvy enough to do all filings electronically.

@Talley Haines Without knowing the specifics of the neighborhood, if its within an HOW set up, you must comply with their regulations meaning keeping the yard up-to their standards.  

They are overseen by different regulators, so this doesn't apply to them.

If you have limited dough, wholesaling and househacking a small multifamily could be a good way to start, passive investments could be investing in a syndication (Regulation A if you're not accredited) but right now many sponsors are not paying their preferred return to investors until covid-19 is gone.It's hard to not make 4% if you selectively chose some stocks/equities right now.