Is the deal good enough that you'll be able to refinance to a more favorable rate later?

But this is still a good idea just to have extra documentation in my favor in case it ever does go to court.

He just gave me the bums rush, and implied that the city and the school district are not interested in capitulating unless forced to by legal action.He had even peformed a survey last month-doing us a favor unknowingly-as a result of a request by a LB City Council housing task force, which shows that Long Beach is the only local school district surveyed that charges this fee for less-than 500 sf ADU's...see attachment at end of memo here:https://www.longbeach.gov/glob... 

This means evictions and other complications tend to rule in favor of the investor if you do all the right things.Understand property taxes in your target market. 

If the memorandum does not receive a two-thirds vote in favor of being agendized, then it will be dropped.Please note, this will be a virtual San José City Council meeting due to the COVID-19 public health emergency.

I’m going to see if I can file a case with the judge who ruled in my favor of eviction on March 16.

So SD is a great city but if you cant refi at favorable rates could kill your deals.

See link to a thread from the renowned @Chris K. with more details here;https://www.biggerpockets.com/forums/12/topics/435226-pa---laws-surrounding-property-managementAlso you should be aware that property management can be more involved than your friend probably realizes, and you are taking on a lot of risk and potential liability by managing property for your friend even as a favor.

If you are looking to refi right now, I would wait a few weeks as we hope there are more loan programs available for investors with favorable terms.

I know laws tend to favor the tenant.