Sort of like a car payment exempt the payment would come out of the cash-flow.

Have $100,000 and $25,000 always been the numbers, or do they ever get adjusted for inflation, similar to the way the standard deduction, personal exemption, and 401(k) contribution limit seem to increase slightly most years?

There are city exemptions for one’s  primary residence and a process for exemption waivers

These regulations have included rent control (even though a ballot initiative to remove rent control limitations got whooped at the voting booth) as well as regulations to limit STRs.Purchasing in San Diego (and possibly anywhere in the state of CA) expecting to STR is full of risk from both the state and city level but if you were house hacking (owner on site) the risk is significantly less as virtually all of the proposed STR regulations exempt STRs where the owner is onsite.

There are a couple of places that were exempted down by the beach but that's it.

Issuers can rely on Reg S in addition to other exemptions, meaning the safe harbor rules are non-exclusive. 

This really irks me personally, as someone making a relatively large commission should be more than a glorified salesperson.with so many west coast investors.. who are used to west coast tax's rates being the same over all class's of property there is no homeowner discount or exemptions. 

If the property is rural and qualifies for an agriculture or wildlife exemption, then taxes will be almost nil so the cost/benefit analysis is much simpler.Buying undeveloped lots in a residential neighborhood is more speculative, in my opinion. 

I've read Fannie Mae guideline on this, but am recently confused after speaking with a few lenders. According to the DFE on Cash Out Refi, if a property is purchased in cash;1.) 6 month seasoning period is not require...

However, I see the following on Fannie Mae's website:Unless the previous borrower requests a release of liability, the servicer must process the following exempt transactions without reviewing or approving the terms of the transfer: A transfer of the property to a limited liability company (LLC), provided that:- the mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, and- the LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).Note: The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guide underwriting requirements.What am I missing?