I'm assuming you need an established working relationship with said lender.

The landlord responded that the lease was not subject to the Rent Adjustment Program since the rental was for “sole use of one or more rooms and shared use of common areas (such as a kitchen) in the residence,” which was a single-family home.In its decision, the court focused on the definition of a “dwelling unit” as used in the exception found in Civil Code section 1954.52(a)(3)(A), which provides that “an owner of residential real property may establish the initial and all subsequent rental rates for a dwelling or a unit about which the following is true…It is alienable separate from the title to any other dwelling unit….” .

Respectfully,Zach Rumfield

First off, major respect for transitioning from MLB to RE—it’s a whole new kind of game, right? 

Instead, focus on establishing an authority in your area and building an audience.

It is very important to establish your buy box (with specific states) before jumping into this game. 

When would you suggest to establish an LLC for your portfolio?

Early on I interacted with a vendor that I highly respected, and everyone else did.

I respect it, a lot of people buy in markets they are interested in so they can get some utilization out of the property too.  

I tried this approach by saying, "I respect that the seller wants to move the property because of the estate, but I know my offer is really low—so low that I don't want to disrespect the seller.