Each hurricane red tagged about 50% of the houses on the beach and had to be rebuilt set back from the beach.  

The example scenario would be if I bought a $1M property, the bank is in first position and covers 800k of the property cost, the seller agrees to cover cost of down payment and covers 200k of the property cost.Let's say we can no longer make payments on the property and it's foreclosed on.

@Matthew HullIt’s the same as traditional closing.

AB1482 states that "single-family homes/condos (residential real property that is alienable separate from the title to any other dwelling unit) are exempt from AB 1482 if (1) the owner is not a real estate investment trust, a corporation, or a limited liability company in which at least one member is a corporation and (2) the owner provides the tenant with a written notice of the exemption"The part that is confusing is "...a corporation, or a limited liability company in which at least one member is a corporation."

Are you trying to take advantage of the STR tax loophole? 

Or a combo of one of the followings I mentioned?

If I send a LOI (Letter of Intent) do I still need a representative like a RE Broker for residential properties? 

I like RentSpree because the prospective tenant can upload all of their docs into the system and the system auto-emails all references to confirm.

Taking care of someone's asset is a responsibility that you should not take lightly. 

Hey All - One of my tenants ran a load of laundry and forgot to put the disscharge hose in the utility sink for when the wash drains.