To which I provided the following data:Compare Los Angeles with Houston, which has (practically) no zoning laws.

I'm brand new to Bigger Pockets and just recently moved to Los Angeles County.

Quote from @Austin Wolff: 1) Los Angeles2) San Francisco3) Oakland Why those 3 cities Austin ? 

I'm sure you can read all the other posts to get an idea of what people are thinking about MTRs =) I'm bullish on it, at least in my market in Los Angeles.

And in Los Angeles, 1,000 gallons would be around $28. 

---There Is a $1 Billion Property for Sale Atop Beverly HillsThe highest point in the 90210—a 157-acre, undeveloped lot—has sweeping, 360-degree views from Malibu to downtown Los Angeles and the San Gabriel Mountains.So large is the prized piece of real estate that all of Disneyland could fit within its confines and still have 57 acres to spare.

@Cooper CheonI started investing out of state around 2018 from Los Angeles County.

i know lenders who offer the one point bridge option to direct borrowers, but I know for a fact LOs at these outfits are told not to sell that or give it away.You do not need to call every lender in America, it's obvious you are new to real estate because you are looking for lenders and asking where to find them. 

Areas like Los Angeles where is no room to build, it may not be as big an issue.Also keep in mind we are far from this becoming an issue.

IRS guidelines don’t require an appraisal, but using a reasonable method to justify a different allocation—such as a cost segregation study, tax assessor records, or comparable sales in your area—is important if challenged.In Los Angeles, land values are often high, but a 50/50 or 30/70 split (land to structure) is more common than 80/20.