In order to permit tenants to adjust to the possibility of unregulated rents, and to address the potential for abuse of the owner-occupancy exemption by landlords who are motivated to move into a property to gain an exemption just to increase rent and not to reside in the property, this exemption should not take effect for one year after the amendment to This chapter exempting these rental units is adopted, or one year after the landlord begins owner-occupancy, whichever is later.I'm not sure you answered my specific question, but you have brought the above paragraph to my attention which looks like it directly applies to me NOW being exempt from Oakland's rent control and the "Just Cause for Eviction Ordinance" since I moved back in and Owner occupy one of the two units.

If you move forward with this transaction and 2,3,4,6 years down the road you decide to sell via short sale, you will be effecting their credit after they have already moved on from the property years prior.In taking properties over sub2, you are providing a solution for the seller so they don't have to go through a sale that will negatively impact their credit.  

If you don't do these things effectively, there will be no need for any entity as their will be no business. 

Is that gonna effect the ARV?

Of course, if they are buying a place that might have little effect on them. 

I thought that would be better and more cost effective to provide the attorney with the documentation instead of paying him to produce the packet himself.  

It is likely to be much more cost effective if you understand the basics and let a successful coach show you what you don't yet know.

Remember, even if your properties are paid off, the bank that is financing you will still hit you for taxes and insurance payments which effect your overall liability ratios.

Once the leads start coming in, you'll start to see what produces results and can effectively manage your time from there. 

And stay right on top of them or in other words are members of the community were they invest and therefor has command and control .And those of you who happen to live in parts of the country were these low hanging fruit can partake successfully in this business should count themselves fortunate that these assets are so readily available to you within a 30 minute drive..I did not read anything that changed my mind that the 2% rule keeps prices from rising in any appreciable manner as value only rise's with rent increase's and rents are fairly stable in all these markets.Lastly as to class of asset being it A B C or D that is in the eye of the beholder, my C could be your D or visa versa .....Off to Milwaukee today then Chicago  Beer and Brats  Friday fish Fry, Deep dish pizza Miracle mile... should be a fun week on the road.Best to all