@Caleb Johnson- Nicholas DeCespedes was referring to a margin loan, which is essentially a loan you can take against stocks or bonds you own to buy more.  

However, with the cost to borrow money from banks and CU being so high and lengthy in time, we are stuck understanding how to source money to purchase and rehab properties on a larger scale. 

Airbnb has a handy (and lengthy) guide to hosting in LA CIty:https://www.airbnb.com/help/ar...You can host in LA City for less than 30 days, but it has to be in your personal residence, and if you host for more than 120 nights in one year, you need to apply for a permit.San Pedro is in LA City, so it follows LA City's ordinance.

@Ola Dantis, you're right I didn't factor in contingencies and a lengthy reno (another lesson learned).

write it off and move on.. from what I understand contractors in TX there Is no license required so nothing to chase there. unlike here in Oregon were they have to be bonded..

I would also advise investing in government bonds because of the high yield returns and very low risk.

I posted a fairly lengthy post on this forum on how to review a REIT.If you haven’t read it yet, DM me and I’ll send it to you. 

Hi Kyle,Any licensed, bonded & insured general contractor can build ADU's.

Parts of Avondale, Bond Hill, Roselawn, Winton, Evanston are all areas I would avoid.

Banks are much, much more sensitive to the changes in interest rates where Mortgage Companies "securitize" their loans by basically placing those loans in "traunches" that act more like a long-term bond.