Of course I hear of these but have never done one or seen one in all of my transactions which are numerous as I was a high volume RE guy.And I guess this is all off topic of the original Thread  but you brought it up.

Plus, as they were moving out, they brought friends looking for a place and who ended up signing a lease with us.

I've seen the worst of Natural Disasters but I've also seen the other-side which brought people and communities together following the aftermath.

However deed restriction are superior restrictions to zoning in every way and open you to an objection and legal action brought by any neighbor at anything within the platted subdivision.

Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

On the other hand, having the capital to invest in a larger multi-family right away from the sale of your primary residence will provide even more leverage (if the multi is brought properly), and still provide an opportunity to manage more doors if your heart desires.Hopefully this was helpful! 

Hi Alex,I think you need to talk to a CA CPA as I don't see nexus being brought up in that question and before you set it up you'll want to make sure you don't have an unknown-unknown problem.

I brought a police officer to monitor the move. 

One issue he brought up is that you can't do any evictions for these types of contracts as the judges won't allow that.

I will try to give you a little input about each of the things you brought up.Your primary residence - I know you just bought your house recently.