For example, if your primary is over 15 years old it now is a rent controlled unit (even though I strongly believe this was not the intent of senator Weinkowski with AB1482).  

Hey Josh,Yeah — Airbnb’s setup for mid-term stays can be super clunky when you’re trying to control both gap days and booking length.

Who controls the land controls the deals. 

I’ve found that having experience on both sides of the table (brokerage and investing) gives me a deeper understanding of what makes a deal truly work, beyond just the numbers.LA County definitely keeps you sharp — zoning, rent control, rehab timelines — there’s always something new to navigate.

Inherited tenants are indeed a mixed bag, but I think it depends more on the asset class than you having control.

Go guarantor-based or personal to control the deal, then pair it with a short-term rehab/bridge loan that funds most of purchase plus draws for repairs; use the entity as borrower with you as PG so you can refinance into DSCR once stabilized.

Be cautious with how much control or decision-making they have to avoid crossing into partnership territory from a legal or tax standpoint.

@Eugene Park creative thinking, but unlikely to succeed.Vacancy is part of this business and you can't always control it!

The real cash drain hides in your operating expenses (OpEx): repairs and maintenance, reserves, utilities, pest control, legal fees, property management, HOA dues, and unexpected turns like a broken HVAC or a non-paying tenant.Ignoring these costs is one of the main reasons rookies bleed cash after their first deal.

It depends on whether you are a direct lender, @Michael Santeusanio, in complete control of the funds, or if you are acting as a broker.Direct (i.e., balance sheet) lenders, by definition, lend their own funds.