So, if you are going to use it to buy a house that requires cash due to its condition, you need to be able to refinance it into a regular loan once the work is complete.

@Ryan Plante welcome to BP.

We moved to Texas for about 2 years and I did primarily drip and hook runs.

Hi BP Members,I have a portfolio of rentals in the Bay Area, primarily in the Alameda County, and I have recently picked up 2 properties in contra costa.

I joined the forum and listen to the podcasts because i felt that this was one place that was real, that wasn't a gimmick or scam and primarily bc they allowed free exchange of information and education.

Our contractor was complaining about how annoying Burbank can be, but we still went from plans to completion in just about 6 months. 

I started the list at number 60 I have yet to go back and listen to the first ones and complete the list. 

We signed a contract for six weeks timeframe for the job to be completed.

I also assume that the people helping me complete the repairs would tell me if I needed one, right?

Either the condition of the property, the market rent, or the marketing & leasing operations are failing completely here.