I now live in Los Angeles.

Really hard to say, I live and sell in a fire zone in Los Angeles and insurance has been a nightmare.

Here is an upcoming LA meetup with 29 wholesalers going:http://www.meetup.com/Los-Angeles-Real-Estate-Deal-Maker-Sessions/events/227145543/

Quote from @Jed De Los Santos: Quote from @Brian Liscio: @Jed De Los SantosIt was $200 sqft in our area…Now it’s how much you got!

.🔹 Airbnb is Facing Increasing Restrictions:New York City has implemented strict rules requiring hosts to register and be physically present, effectively banning many short-term rentals.Dallas and Atlanta have passed zoning laws banning short-term rentals in residential areas.California cities like San Francisco and Los Angeles are ramping up enforcement with hefty fines for non-compliant listings.🔹 Co-Living is Gaining Legal Ground:Colorado eliminated all restrictions on the number of unrelated adults living together statewide as of July 1, 2024, marking a major victory for co-living advocates.This week, Jacksonville Municipal Court ruled in favor of PadSplit, voiding citations for “illegal boarding houses” on constitutional and fair housing grounds.Cities like all over like Washington D.C. are considering zoning reforms to allow more co-living developments as an answer to the housing crisis.As Airbnb restrictions tighten, co-living is emerging as a scalable and legally sound alternative that balances affordability, tenant stability, and community needs.

For L/Os it's a similar concept and this strategy works well with newer or fully remodeled homes and also needs to be the right market conditions.Best of luck!

I'll give you some numbers for the MTRs we manage in Los Angeles.1-2 bedroom MTRs stays are 1-3 months3+ bedroom MTRs stays are 3-6 months, but often start less than 3 months and extend their stayMTR marketing falls in 2 buckets.

Appreciate your thoughts on this   As an LOA, you'll be basically be doing all of the legwork of a file - entering all of the data into whatever LOS is being used, processing the loan, preliminary credit analysis, reviewing all of the documents for completeness and accuracy, communicating with borrowers, etc.

Great point on STR/MTR to possibly cash flow in a high-appreciation low-cash-flow market like Los Angeles.

The details are as follows:My mother currently resides in a property located in Los Angeles County.