Then the association passed a rule that you couldn’t rent out the downstairs as an owner, so you had to live there in the basement if you wanted to rent part of your unit and could only rent the upstairs.

Deciding on taking the offer and paying the closing costs has little to do with your numbers but everything to do with the market.

I have seen that project and I am a little fearful that it is going to cause price competition and from there it is going to be a race to the bottom for who gives the best deal per night and that hurts every owner.

To get the best down payment options you have to live in the property you’re buying but even if you decide to buy something an hour or two away from where you’re living now and visit it once or twice a month and either remotely manage it or just place it with a property manager you’d still be close enough to get a real feel for what’s going on and how to do things before heading OOS with the next property.

We’re debating whether having two smaller bathrooms would be more beneficial than one larger remodeled bathroom, ultimately deciding between a 3 bed 3 bath setup or a 3 bed 2 bath setup (current).

Now that I have your attention, I want to talk about your and my liability as property owners and what we can do to limit it.  

The city said owners need to pay it, otherwise if the tenant forgets, the city will put a lien on the house.

My next door neighbor told me that the owner had three duplexes but would only sell if he could sell all of them at the same time.

I decided to move my patio to a more private location where no one sees me to have that peace.. even though she blasts her TV through her open window.

If it is a MF unit, then AB1482 applies and you cannot simply decide to not renew a tenant for no reason.