If it passes, that means there is a ceiling on rent, which means owning rental properties in CA less attractive.

Whole historic neighborhoods may be wiped out and lose the charm and character that made them attractive before.

Examples: Medical Professional Financing (stronger rates and limited down), low down payments of 3.5-10% on jumbo primary, second home or investment properties, 10% down for investment properties of 1-4 units (with no PMI) and portfolio or private loans with attractive ARM or seller carried rates we negotiated. 

Because these parks are often under the radar, there’s less competition, allowing investors to secure deals at attractive prices.Lastly, mobile home parks are recession-resistant.

Maggie, keep in mind that pricing is based on demand so “expensive” property will usually outperform “affordable” property that is affordable because it’s often a crappy house in a crappy neighborhood that will attract crappy tenants.

It could attract parents with an elderly relative or an adult child wanting some personal space.

Seller financing or even partnering with another investor to share the repair costs could attract different buyers.

The goal is to make the property more attractive and functional for future tenants, boosting its After Repair Value (ARV).3.

I'm starting to lean towards buying B or better properties, which don't cash flow as well in the beginning, but will have better long term appreciation and attract better tenants. 

Here are a few tips to help you score that first deal:Network: Join local real estate groups and online forums like BiggerPockets to connect with other investors.Find Motivated Sellers: Look for distressed properties and consider sending direct mail to homeowners facing tough situations.Research the Market: Know your area’s property values by analyzing comparable sales using sites like Zillow or Redfin.Craft Compelling Offers: Highlight the benefits of a quick sale to sellers and consider a solid earnest money deposit to show you’re serious.Market Yourself: Use social media to share your journey and post flyers in local spots to attract leads.Stay Persistent: Rejection is part of the process, so learn from it and keep refining your approach.With your big business mindset and hard work, you’ll make it happen!