I have a credit score around the mid-700s, a pool of savings of $50,000, and no debt.

We understand that NO one can (consistently) sell a $345K sports car for half of market value!

However, the statute provides for exceptions that are important for CA landlord’s to understand.First, the statute expressly states that the one month limitation does not apply to rental agreements entered into before July 1, 2024, so if you have an existing security deposit of two or three times the monthly rent, you do not have to reduce that security deposits to comply with the new law.

I'm no fan of Section 8.  

One potential strategy to consider is waiting to sell the property until after you leave Japan, as this might exempt you from Japanese capital gains tax if you are no longer considered a resident for tax purposes.

I did the liquid Termidor treatment on 3 duplexes I have in Tallahassee and it worked great, that was a year ago now and no issues since. 

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

If you boost leverage to 75% the cash in your pocket is even greater and the returns get boosted again.Now go forward in time a few years and you can do a few things you can never do with a stock:If the property has appreciated, take out another loan and put more money in your pocket.Or, you could sell the property you can use 1031 exchange to buy a much bigger property, reset the depreciation clock and pay no income taxes at that time. 

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

Lastly, it could be that the bank is going to portfolio your loan at below-market pricing because they want the entire banking relationship (deposits, transaction processing, consumer lending, etc) or simply want the risk (yield).Lots of local and regional banks have been retaining loans at really aggressive pricing recently as the current environment makes this favorable for them.