If you end up wanting to sell them or would just like to bounce ideas off someone local to the area, reach out to @Josh Green! 

For example if local rents are $3k/mo and your house hack in $1k in the red, thats a sweet deal.

Local community organizations might also provide emergency funds.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

There might be some local banks and credit unions that go slightly higher.

Hey Alex, I'm interested in meeting other people in the ADU development space. 

A lot of real estate right now does not cashflow or meet the 1% rule, so unless you buy at 70% ARV (or below) and add value, you are probably not cash-flowing at all. 

How many will be local? 

I would think there’s a way to get that information in CA, but you’d need to ask local experts.

But here's the kicker: the median household income in 2021 was only $56,746, and most households below that are renters.In the article local agents in the multifamily sector talk about why landlords are hiking rents.