I think both will go up in value over time and you will see a return if you plan on this being a home you live in for 10+ years.

Smart planning and close checking can help you win in the market.Good luck!

Ensure that the net operating income (NOI) meets your investment goals.Future Developments: Investigate any future developments or infrastructure projects planned for the area, as these can significantly impact property values and rental demand.Financing: If you are planning on taking out a loan to purchase a property in this area it is imperative to make sure you are getting terms that align with your investment objectives.

If you have specific questions about property management, I'll be happy to help! 

I'm invested in a property near the Grove that's executing that business plan now.At a simpler level, that might mean buying a house with a garage, converting the garage into an ADU, and renting out the ADU.I think a super solid first step to get into the LA market is to househack a home or a multifamily.

Tailor your analysis to the specific property and market conditions to make informed investment decisions.

First question is if I have someone who is planning to rent out a room in the house and have a signed lease agreement can this be used towards the income to purchase the house?

From their credit report, it appears they are making regular payments and haven't been late with any payments on anything in several years, so perhaps they just put their wedding on the cards or something and planned to pay it off, but I don't know.

I am an Asset Protection Attorney specifically for Real Estate Investors.

Can you be a little more specific about the property and the type of rent stabilization program?