This could result in lower financing costs.

Further, you now own a “free and clear” property you can borrow against should you desire and probably get all your invested cash out.3.

Mayor Tim Sandoval and several other Councilmembers listened to proposals for rent control from RSG (consulting firm out of Vista, CA).

What I paid for it + the cost of the improvements (~$200k)2.

Our intent was to sell, but we are not having luck and need to move in another direction, carrying costs are draining us. 

Since inflation was so severe for the last few years, they had essentially decided to raise interest rates aggressively in order to fight this high inflation even if it came at the cost of slowing the economy down.

So they have to be placed & picked up quickly, or at the very worst cost so little that it doesn't matter at all if the authorities remove it. 

Quote from @Kenji Van Thuyne: Start with BiggerPockets Ultimate Beginners Guide (free).

What's the proposed new limit?

Like a lot of people here are saying, you can just replace the front glass which is a cheaper cost!