you can always transfer it to an llc later if you want.

Projected cash on cash return was slightly above 14%, now 6 months into ownership we will be able to run more concrete numbers-however this is holding true.

Projected cash on cash return was slightly above 14%, now 6 months into ownership we will be able to run more concrete numbers-however this is holding true.

Projected cash on cash return was slightly above 14%, now 6 months into ownership we will be able to run more concrete numbers.

Having wood siding allows for vapor transfer so theoretically you can do what I’m saying, but it’s not the most cost effective.You would also have to consider what insulation and vapor barrier’s already exist.My last thought would be to try to figure out how soft some of the framing got behind the wood rot.

I would expect it needs to be subdivided before the tenant takes ownership though. 

Freddie/Fannie guidelines require 6 months after the title transfer is recorded. 

You do not have to sign a new lease.Establish a free google phone number and tie it to your LLC and ZelleHACC has a change of ownership form that you can download online.

However in my findings and talking with attorneys AB 1482 clearly allows for the owner to serve just cause termination with owner intent to occupy. section (e)(8) is a little confusing reguarding the ownership of the property not being held in a LLC or trust, but as I do not have a LLC it looks like I am able to serve notice to one of the units and move into it which I plan to do.  60 day notice and relocation assistance equal to one months rent. 

I know here in California if you transfer landlords and lets say the rent should be 2,000 but they are only paying 1,000 I cannot up the rent to 2,000 even with notice, and I cannot evict them because of that either, all I can do is wait for the lease to run out or raise it a measly 5% + CPI.