I focus on markets showing signs of motivated sellers:  Rising inventory Sinking salesPrice reductions A homeowner with a vacant property replied.5BRs, 4BAs, 3300sf on 2.5 acres with a detached 1BR/1BA cottage, (rent...

This is one of those weeks where the headlines will try to pull your attention in ten different directions.Manufacturing data.Employment numbers.Retail sales.Jobless claims.The full jobs report Friday.Here’s the development that actually deserves your focus:The Department of Housing and Urban Development is proposing a rule that would allow local housing authorities and landlords to impose time limits and work requirements on Section 8 rental subsidies.What’s being discussed:• Time limits as short as two years• Work requirements up to 40 hours per week• Elderly and disabled tenants exempt• Adoption left to local housing authorities and participating property ownersRoughly 9 million Americans receive federal housing assistance.Supporters argue rental aid isn’t an entitlement and that time limits could promote mobility while freeing up vouchers for families stuck on long waiting lists.Critics argue most recipients who can work already do — wages simply haven’t kept pace with rent — and strict limits could increase housing instability during a period of record-high costs.The proposal is being published today and will be open for 60 days of public comment.Now zoom out.Housing is not a luxury product.It is infrastructure.When affordability tightens, policy pressure builds.

The problem is finding a landlord policy that will cover the dwelling. 

My lender has issue with specific exclusion language on my policy, that the policy was over 100 pages long.

Specific Addendums, Policies, General Info...or anything at all other than the Rental Agreement?

The policy response of "stop landlords from raising rents so much" feels like justice.But rent control treats the symptom.

Whether that makes it a smart buy or a slow bleed depends on your risk tolerance and how much you trust SoCal appreciation.The property is a 3/2 in the Artesia Pilar neighborhood of Santa Ana (92703), listed at $775K.

The smart move depends on your risk tolerance and what market you're in, but I'll tell you what actually works.HELOC into cash-flowing rentals beats refinancing because you keep the option value.

But the tax picture is interesting: the combined assessment ($2.53mm) exceeds the asking price ($1.8mm), meaning zero reassessment risk and a strong basis for a property tax appeal that could save $17-24k/yr.

I guess that means zero flips, heck even sucks for a new owner occupant… I also can’t believe CA isn’t more forgiving than MN, say 5+ years  In Minnesota, if your home was sold at a tax judgment sale, you generally have a three-year redemption period to pay the delinquent taxes, penalties, and interest to regain ownership.