The 3 day notice is generally for non-payment of rent.

I also owned a Home Improvement company for 11 years and then from 1996 to 2010 owned a mortgage company then started rehabbing homes again for several years until I started buying non-performing notes.  

If I "don't play the game" then these homes sit even longer to the point of non repairable, the homes around it drop in value, the druggies have a place to crash, kids in the Neiberhhood can be injuried .

Can still find some good resources that are non local too.

Its what is generally put on deeds in NON Disclosure states.

despite the building inventory in some of SoCal there are other areas where building permits are nearly non-existent.

I know there's a lot of grey areas for real estate agents when it comes to doing non-traditional real estate deals.

Here are the final stats (not sure if this will copy and paste correctly): Purchase Info Square Feet (2 Units) 2,492 Purchase Price $165,000 Initial Cash Invested $49,727 Income Analysis Monthly Annual Net Operating Income $1,032/mo $12,387/annually Cash Flow $414/mo  $4,973/annually Financial Metrics Cap Rate (Purchase Price) 7.5% Cash on Cash Return (Year 1) 10.0% Internal Rate of Return (Year 20) 16.9% On the land lording side, I was forced into a crash course when I had to kick out one of the tenants due to non-payment of rent.

When he moved out, he was instantly losing a minimum $350/month + repairs + maintenance + vacancies/non-payment- so he bailed.

The brokerage gets constant notices for non compliance from your real estate commission ( IRS bank levies on agents commissions checks for back taxes, license suspension for student loan delinquencies, suspension for back child support owed, loss of license for not paying renewal fees, inactive license  for not completing CE credits on time, etc.)3.