Needless to say, the buyer got a whole bunch of stuff done right before closing that were not found in a standard inspection.

You will also learn from others which operators they like or don't like, which asset classes are going well, diversification strategies, standard terms and more - and most of all you will have other like minded individuals to consult with who are on a similar journey.  

I’ll keep in mind the benefits of a standard fence for other parts of town.

Hi George, this can be done but it will be a bit tougher than a standard loan. 

I currently manage properties throughout Los Angeles County, and occasionally come across properties that aren’t ideal for long-term standard rentals.

It has a standard 1600 SF 3/2 LTR but it has a 600 SF ADU 1/1 studio that I want to use as an STR.Looking for advice since this will be my first STR. 1. 

If it is attached to the privately owned property it could be covered very easily and in some cases the coverage would be included in a standard homeowners policy.  

What we need though is a standardized way to measure the metrics.

His book “Invest in Debt” written over 45 years ago is the standard for understanding real estate note investing. 

Try to get a feel for the stability of the tenant's current situation and recent past.You will probably find a lower standard of care than you might apply to the property.