There entitlement stays on the property all the same but it's cleaner because you don't have to worry about due on sale or managing the sellers insurance, power of attorney, etc.

Some of the stricter regulations you could see include an 8% transient occupancy tax, the owner (you) having to occupy the residence for 180 days per year, reapplying every year for a provisional use permit, limiting number of occupants, and special permit fees ranging up to $500 per permit with a public hearing per permit.

I quickly found tenant to move in within 10 days of the previous tenants vacancy, June 10th. 

The tenant was given a court order to move out within 7 days.

Hey Michael - Not all lenders have the same requirements when it comes to DTI, some have what's called an overlay.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

We will use the same agent and title company that we bought the house with, however, title company is charging us 2k for the seller title fees.

I am sure you can check Zillow, Redfin, etc all day long.

I searched Google and found his page where he claims he will "share everything I know" in three days.

In the last 30 days the tenant could have initiated a bankruptcy, had an eviction added to their record, been sent to collections by a creditor, etc.