Plan for the unexpected3.

Do you plan on self-managing your properties?

I’m planning to cancel my membership and get refunded.

Where do you have or plan to have a good relationship with a PM?  

If you're planning to invest locally, I highly recommend it.

If you don’t have a backup plan, you’re in for a rough time.I don’t say any of this to scare people off—I’ve navigated all these challenges and built a great portfolio.

Generally, a good property manager will make sure to do the following:- rollout a strong marketing plan - thorough application process - know the fair housing laws- have the vendor relationships to take care of any emergencies that could happen- dealing with late fees & evictions!

I plan on humbly taking any and all information but most importantly, using this information and never giving up.

People have been dropped by insurance companies in wildfire areas and had to scramble to try to find insurance - some using California Fair Plan. 

 (3 convention units +  3 ADUs) * 3 lots = 18 unitsIn general adding one ADU is not a good investment because there is no more expensive residential development than a single, small unit.