They say it takes forever to even get verified in the first place with all sorts of personal and financial information being requested that seem unnecessary.

I don't want to throw money at things that will have no effect on value and be completely unnecessary.

The others cost me unnecessary time and thousands of dollars.

You don’t want any unnecessary stuff going into it.

But really in both locations if you have desirable properties all the extra down under laws are unnecessary.

Can I prohibit say unnecessary expenditures?

Sure, I can take longer but also don't want to suffer from analysis/paralysis so the deadline is more "self imposed".

I'm of the opinion that taking a 10% penalty is unnecessary.

A reserve is unnecessary, but I still keep around $15,000 - $20,000 in my account.The point is, you should sit down and assess your personal finances to determine what the worst-case scenario may look like, how much you would need to cover it without impacting your life, and whether you will need to build a reserve.

If they remove Proposition 13 protections for commercial real estate and impose rent control on all rentals, there will be massive job losses and traffic jams of people moving east.