Just make sure all pieces are accounted for regularly.

I dont allow tenants to move in without first month rent and security deposit paid by cashier check .

The state doesn’t have rent control laws, but landlords are prohibited from collecting more than one month’s rent for security deposits.

in our area that is a real big deal.. we did another demo and left a few pieces of flooring an inspector came on our job determined they had asbestos in them and we violated taking asbestos items to the regular land fill.. that cost me 19k in fines and 18k in lawyer fees to keep the fines from being really big..

Whether you’re buying or building, focus on doing so below market value to secure immediate equity or strong cash flow potential.It's also important to thoroughly research the local market—pay attention to trends like rent potential, job growth, and population increases.

The lender lent based on them being one thing which secures the debt.

The other California investors with more moderate incomes bought years ago and have built wealth from 30+ years of appreciation and small mortgages and their rental income supplements their pension or Social Security and retirement accounts. 

If you're living in it now, you'll probably be required to have a signed lease in place as well as proof that first month's rent/security deposit were collected in order to get a DSCR loan (they're business purpose loans and don't allow owner occupancy).

A property manager can be a great asset for regular check-ins and updates.

Remember to post these videos to Facebook Live and YouTube regularly to potentially access a colossal audience of motivated sellers.Final ThoughtsClearly, using social media to attract and find motivated sellers is a great idea.