It's like a development deal in considering your engineers and architects as partners.

Once information is developed for one platform, it’s efficient and strategic to adapt it for others.

Also learning house hacking in cheaper nearby markets can be very effective to develop experience and maybe even capital without having to purchase a primary residence.

I remember hearing someone tell me before to always place properties in LLc to avoid demo fees or fines if that were to occur but i typically do some type of development with the properties i purchase or I sell them.

Hey everyone,For those of you doing new construction, how difficult was it to secure a construction loan with favorable rates on your first or second development?

Granted i don't do huge multifamily, but from what I saw industrial and retail and ground up development was as competitive as ever.  

City of LA's development standards are very nuanced, so you'd have to check with an entitlement consultant or architect.

I think the biggest challenge with STRs is the initial setup and development of systems. 10-15 hours a week is more than enough time to manage your STR once you have all your systems in place (think cleaners, guest messages, house turnover, pricing management, etc).

According to data from Apartment List, shared by The Cromford Report on January 12, 2026, median rents have plummeted 14.1% since July 2022, while their vacancy index climbed past 8% by the end of 2025.As build-to-rent SFH communities and giant multifamily developments flood our Valley with new inventory and aggressive tenant incentives, I'm recommending a cautious approach to evaluating demand for what traditionally have been our Sonoran Cash Cows. 

Developed expertise on renting to Section 8 through experience and study: Section 8 Bible - Michael McLean.