Short-term rentals would be a solution, but due to strict short-term rental laws in rent-controlled areas of Los Angeles, options like Airbnb are typically not feasible.At present, I have a $5 million property in Encino with two units that we cannot rent out short-term due to rent control regulations, and the numbers don’t work for a long-term rental either.

Code in FL, for example, has increased hurricane wind strength from 145mph to 175mph in some areas I know about.And agree, it's all "insurance" weather a policy or not. 

A lot of zoning and town code around short term rentals has been changing as well as in my area, there are a lot of multi-families in single family zoned lots that are “grandfathered” in.

I don't know your criteria for a good deal, but if you're strictly looking on market for a quad in Raleigh you likely won't find one in the near future that meets what you're looking for.

But it's not strictly required. 

The ARV percentage will fluctuate from ZIP code to ZIP code, subdivision to subdivision, even within the same major market area.Exit strategyThis rule varies depending on the exit strategy.

If this is happening and was merely left out of your post are you certain this architect is knowledgeable about the local code and permitting process? 

I guess that means, there is healthy demand for rents in the metroplex.I am curious if there is a city or few Zip codes within Tulsa, Broken arrow, Bixby, Jenks and Owasso, that is preferred by prospective tenants ? 

You can use conventional financing, up to a fourplex, and if you live in one unit you may reduce some of the property tax for the space you live in as it is your primary residence and you can also buy with very little down as opposed to buying it strictly as an investment property.Duplexes are a great option and you generally also always have at least one paying tenant and can be bought similarly.

What a well presented and mature comment, much respect to you. 1 thing to note is CA business and professions code strictly prohibits an agreement as such.