http://www.ilga.gov/legislatio...The way I read the proposed law, "wholesaling" as defined by BP Nation, "flipping", and buying a second home, if done within 12 months, all fit the definition of "broker."

If partnering, be prepared to propose profit sharing details.

@John Oh love the guys and the goals, not sure about the tactics:1) have you considered proposing a different type of arrangement to your current boss?

If you can find an option that saves even 0.5% off the interest rate that's already proposed, that could equate to a BIG saving over time.

This is getting a little side of topic but what alternative are you proposing or wanting to see? 

Proposed legislation is a looooooong way away from law.

My guy tells me there's nothing to restrict what you're proposing, but you have to do your own homework.

There is proposed STR legislation in San Diego city that limits non-owner occupied STR to 90 days per calendar year.

Cuts time on production and design, and gives me real-time feedback regarding my proposals.

Also, I don't believe that Sacramento possesses certain advantages that NYC and San Francisco possess relative to its neighbors (commuting cost and time).This proposal would seem to be very good news for property owners area outside the city of Sacramento.