AND on top of that, it starts raining - a requirement my potential partners and I asked to observe.

Thomas S.I just want to observe how upside-down the world is when it's the mortgage guy saying "have less mortgage debt!"

ie. the way you described it seems a bit fraught to me, (but I'm only an outside observer)...

Any disputes over those powers would be resolved in probate court, even though private administration may be avoided.On the deal side, what I take is: $70 + $140 = $230K over $350K ARV = 65%LTVSo, you'll need to figured out best play, your entrance plan and your exit plan.Until you have a principal who wants to dance with you, you're just an observer.

I have observed that it is common for homeowners in the area to rent out a basement, so i have adjusted my search accordingly for my primary residence, and i am going to expand my search radius to find the multi-family Im looking for. 

Please message me if you're willing to allow me to observe the process!

. === here's the Calif Form, observe, it's a Proof of Service, not a Notarization === Proof Of Service I, the undersigned declare under penalty of perjury, that I served this Notice to Pay Rent or Quit, of which this is a true copy, on the above-mentioned Tenant in Possession in the manner(s) indicated below; [ ] On ____________________, 19____, I handed the Notice to the tenant. [ ] I handed the Notice to a person of suitable age and discretion at the tenant’s residence/business on ____________________, 19____. [ ] I posted the Notice in a conspicuous place at the tenant’s residence on __________________________, 19____, [ ] I sent by certified mail a true copy of the Notice to the tenant at this place of residence on ____________________, 19____, Executed ____________________, at _______________ By ____________________________________________

Gina The SF Bay are market is OVER Heated right now and in my observation / opinion ripe for a correction just over the Horizon. 

Usually it will not be worth your time, effort and cash to chase them for breaching a lease.That said, we still use annual leases on student rentals, particularly student houses, as it does seem to help maintain the social cohesion of the housemates (this is antidotal observations of our student houses only).  

I'm just observing the numbers and the properties at this point.