You pay title escrow transfer taxes and $996 processing, usually there are impounds required.Property has to meet health and safety codes.

Now, we own the property free and clear which is now DEMO because the city ordered us to do it for safety concerns.

Safety can be an issue.

Secondly, if you are lucky enough to secure an asset with an STR license, from day one of owning the asset, you have a degree of safety with there being barriers to entry for more competitors to enter the space.

As for the emergency fund, is this something for the purposes of rehab, or just an “in general” safety net fund?

Obviously, a lot of code related violations would also be safety flags for a Section 8 inspection, but the two don't always overlap.

However, landlords can charge for damages caused by the animal or have the animal removed if it poses a threat to the peaceable occupancy or safety of other tenants.

This both assures investors of their safety and addresses their concerns prior to the investment, so it can actually be a good selling point when a client of mine wants to set up a deal and is looking for additional investors.When looking for an attorney you want to find someone with expertise in real estate investing specifically, as those attorneys will have the most expertise and be able to create the most streamlined entities for you.This isn't legal advice, just my opinion as a real estate investor.

Rule 1 requires that a threat is ongoing, and a homicide is a one-time occurrence; threats of beheading can be handled through a restraining order; and a prostitution ring doesn’t pose a public safety risk.These new laws are so poorly written the situation became insane. 

Curious if anyone has recent experiences with Los Angles Dept of Building & Safety and what you've been experiencing - wait times for calling inspections, delays with utilities/DWP?