A reliable tenant stays for many years, pays the rent on schedule, and takes good care of the property.Reliable tenants are the exception, not the norm.

If they move out who cares, it's rental season and put someone new in.

Reason #1:  If you're not careful even a bad lawyer can get it turned into a purchase, with all of the rent credited to the purchase. 

But ultimately, any cost to the syndicator is ultimately a cost to the deal, which means that at the end of the day it costs the investor.Investors that can find quality sponsors, and do proper due diligence on them, can save an entire layer of cost by investing directly with those carefully selected sponsors versus investing through crowdfunding portals.Good luck!

For long-term strategies, a cash-out refinance is usually more advantageous, as it preserves ownership and offers fixed terms.To proceed, start with a professional appraisal to confirm the home’s value, compare refinance terms with traditional lenders, and carefully scrutinize shared-equity program terms to ensure they align with your financial goals.

The city has chosen not to address the issue for decades, long before sb13  & ab2533, because they did not want to remove safe units from the market (at least not in city heights).  

I am just being more careful on the price because I know it will take five months so I want it to be worthwhile if I am going to do something like that.

You appear to be an investor who only cares about their spreadsheet's best possible outcome without any regard for risk.

There are literally thousands of discussions on this topic if you care to research them.

To be honest no one we showed the house to seemed to care. wow 8k for a waterline..