Cali but the  Sacramento Valley Rental Housing Association a branch of the California Apartments Association is a great resource for these things and also offers classes for both members and nonmembers. 

In both instances, the intrinsic value will be the same at the point in time the option is sold.As for the optionee petitioning to annul the option, the full fee - minus any legal costs associated with (de)registration and processing the release - would be refunded (we would not reduce the amount by the time value expended ... this was suggested by counsel for simplicity).    

I have my FL sales associate license but mainly use it for our own purchases/sales and help a few other investors buy properties.

@Eugene LeeWelcome, there is a large Asian real estate association email me for info should be the source of all the private money you will need.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

The biggest reason to not do LLC was interest rates and the terms associated with it (adjustable 5-year, 7-year, etc); it killed our cash flow projections.We decided to put the property in his name with me on the deed.

But if the association is investor-friendly they can be very profitable. 

Association/condo fees need to be considered in the financial decision to buy or not.2.

As long as you are not soliciting/ promoting a company as an employee or you have some association where you benefit there is no worries with making it a public conversation.

If you're going to sell the house, you have to figure in fees associated with selling it.

Just some food for thought.Regardless of buying in rent control or not, I also recommend you and @Ben Wakefield read past publications from the Apartment Owners Association (AOA) in CA to start learning, their magazines always have lots of great articles (aoausa.com).