While I’m not personally the pot police if there were actual police reports regarding this or if I saw proof of it at the property I would immediately begin terminating the lease.

I like to be up front - personally.

The number of bedrooms for STR has to match the number of bedrooms cited in the septic permit, so you are seeing homes with 7 BR now have a 10 person STR occupancy limit and some homes that had bedrooms added without permits now being restricted. 

Personally, I believe there are much better ways to invest in RE, even with limited knowledge or bandwidth. 

Feel free to reach out if you need more insights or just want to chat about the market here!

Feel free to reach out if you want to talk more specifically about the Birmingham sub markets. 

As we're running out of personal capital to continue acquiring with, we're exploring a structure where we give investors an 11% preferred return that we buy them out of in 7 years.

I feel like I am over reading into this, but I just want to do my diligence.Bonus question: This property is not subject to the Rent Stabilization Ordinance (RSO) and is not built in an Unincoporated area of Los Angeles.

Some you will like and some are very 'pitchy' selling all kinds of classes and junk.Meeting people in person and getting to know them and what they do will help increase your knowledge that much more.

Personally, I'm not a fan, but I could see why some people like it.