Who is going to compensate owners like this guy?

I see more victims in the future.

3-Or, the payroll compensation paid is 25% or more in the State of California, or the California payroll compensation exceeds a threshold (just over $60k), even if under 25% of the overall compensation paid to folks outside of CA.How are my fellow California residents structuring their business for asset protection while still operating their out of state portfolios (rentals, buy and hold, renovations, new builds, etc)?

I know some will be shocked if I raised rent at the market rate increase, but some of my good tenants that were ~$200/month under market rent a year ago are not $500 to $600/month under market rent.The ironic part is that I was advocating for extreme rent increases to compensate for the increased risk resulting from the extreme COVID regulations.  

Some individuals have variable compensation, equity comp, maintain equity in properties and then sell, have large value add projects that sell or refinance, live in flips, markets go through cycles and you buy no properties in one year and then ten in the next, have spikes in market appreciation and a subsequent sale or refinance, kids age and budgets stretch in the driving and college years...the list goes on.  

Expect to be compensated anywhere from 0.5-1pt maxYou will have to be experienced in vetting deals and know your lenders as well.

. :) I, personally, have lived in this are for 25+ years and feel safe walking in and around this area (but my street smarts tell me not to walk around the streets at 2AM like most of the victims without being strapped, lol).

Are there any compensating factors?

Their current building is not renewing leases for whatever reason and so now my client who just gained citizenship last year and his wife, a victim of identity fraud, are in the market competing for a new lease.One thing I've noticed is that landlords want 700+ credit scores or else it's a futile effort submitting applications.In the perfect world for a landlord, when they put their property on the market, they may get 10 people to submit applications, and likely out of those there will be at least one who checks all of the boxes - great!

If you have other assets to distribute that you could compensate your sister with you might have a path to assume the mortgage yourself... but if you have to pay her off and the house holds the majority of the proceeds, it would seem like you might need to cash-out refi the house to be able to pay her off possibly?