Tried selling the LTR but it wasn’t the right time in that market so it sat.

In the left navigation on the forums, it's listed under "Reviews and Feedback".

Right a nice letter, send it by email and registered mail, telling them you have purchased the building and will be terminating their lease on the last day of July so that you can move into the unit.

There are also the homeowners who just left it empty as a second home or are still living in the property.

Right on @Don Konipol: And another big one is that advertising a property for sale that you don't own, is called "being a real estate agent".

And big love to @Jawei Kuo who is a rockstar and colleague of mine in the area.While the moratorium in Los Osos has been lifted, there is a LONG LINE of over 200 vacant lots that will have first right to build.

I left a large cash cushion ($65k) to handle this negative flow, as well as any surprises.

California is pro-ADU right now so they are definitely pro-housing, but turning a single into a duplex is not always as easy as people think.

Have one client going through it right now. 

Lender calling the note due is a risk, but done the right way and guided by an experienced professional the risk can be minimized.