Link to CPI-U: https://www.bls.gov/regions/west/news-release/consumerpriceindex_losangeles.htmI was thinking of adding a line in the renewal letter stating that the property is subject to this ordinance and rent will be adjusted if necessary.

An addition to your question, though, is what to do about all these "certified emotional support animals" that got released from the zoo and every tenant and their brother has one.

If you are lending any $ for the rehab, make sure you have a draw schedule that you approve and require the borrower to sign lien releases as part of the payment process.

For my clients, I give control to them on releasing payments via checks and wires so I have no control actually moving money around without their knowledge.

We're releasing a new version of the software in the DC / Maryland areas within a few weeks as well as launching the platform in the Los Angeles area. 

The nonrefundable money will go to the title company anyways, so if the Wholesaler is a phony, the title company will release your money back to you. 

If there are Federal liens against the seller he may not be able to get a particular property released of those liens unless the entire amount owed is paid, which may be significantly greater than the sale price of any single property, or even of all his properties.  

When/if they ask for a specific reason you state that you do not release that information and stop the conversation.

Doing it that way you know your buyer will close and has handed funds to the escrow agent before you release funds.

The initial draw should be enough for permits and materials, and additional money is released as work is completed.