Alberto I am not sure of your source, but CA law SB1482 will apply to your duplex except if it is owner occupied and you occupied it prior to the tenant of if the unit is less than 15 years old.

Is it common practice for property managers to forward paid receipts to owners or not?

I have 5 STR here in Kissimmee, I talked to a few NY owners here so yes definitely

There is a property here that the owner is trying to unload quickly, and I have the opportunity to purchase for cash well below current market value.

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Then, you can go the off-market route, and contact the owners directly via direct mail, door knocking, or cold calling the owners and asking them if they'd have any interest in selling. 2.

Hi all,I have this property located in Huntington Beach, CA and the owner is willing to do seller finance of 1.2 mil with a 2 years balloon payment. 

Looking into cash-out refinancing and DSCR loans and all of that but I'm getting ahead of myself as I don't even have the 1 yet lol.Nobody in my family has any experience with this sort of thing so I'm just hoping someone can give me their opinion on if this investment makes sense.The home is currently being rented for 2900 total (all tenants are month to month and have been there about a year each) and my monthly costs would be 1,200 included taxes, insurance, mortgage etc.I am considering putting the home on section 8 because the fair market rent would make my monthly rent 4k+ but I'm weighing the pros and cons on that avenue.From what I understand the biggest costs to me as a home owner would be a new roof or fixing the pipes for any reason..

Hello BP,Im looking to buy my first property. I want to house hack a duplex but with prices so high what are you looking for? Are there any good rules of thumb to try and stick to? 

Pay owner finance note for $200,000 and walk away with $200-$250k and still have a cash-flowing asset.