Rent control
I'd like to buy rental property in california (los angeles county to be exact)
but a lot of what I find is under rent control .
I have been told not to buy rent controlled properties because as an owner I will be limited on what I can do with rent increases and if I want to evict a tenant it is more difficult to do so.
What are the pros and cons about buying rent controlled and no rent controlled property?
Should I even think in buying rent controlled properties?
Thanks in advance for your feedback.
Mario
Newbie.