The notice must be served regardless of the method of payments by the owner, whether proper or improper, and does not give to the lienor serving the notice any priority over other lienors in the same category; and the failure to serve the notice, or to timely serve it, is a complete defense to enforcement of a lien by any person.

If one party doesn't provide consideration, the other party can't enforce the contract.2.

While her parents are financially qualified, they reside in Canada, raising concerns about enforceability and payment logistics.Can I get anything from them?

There is a delicate balance somewhere between keeping legislation strong enough to protect homeowners, while also not burdening the industry so much that people choose to do work illegally as you suggested, or take unnecessary time to deliver a finished project (and thus a home for somebody in this case).

Looks like they're trying to revive the old Prop 10 legislation from previous ballots and renamed it the "Justice for Renters Act" -->"Justice for Renters Act" Just another reason why I'm glad I'm not investing in CA.Happy to share my experiences.

G'Day everyone,Today I'd like to talk about a few misconceptions that I see in the market.I've been reading about many investors believing that they are getting a better/safer deal if they are using leverage.They believe this because of the fact that most lenders require an appraisal and a building inspection.So let me explain a few things and burst your bubble lolMany operations like Ohio Cashflow's will usually have a monopoly in the region that they operate in.They tend to be the biggest buyer in town so over time they establish relationships with city inspectors, judges, lenders and "Yes" building inspectors and appraisers.Many will enforce you to go through their "trusted lender".This might be to make the process smoother but it can also be to influence the end result.After 10 years in the business and 1,000+ deals under my belt, trust me when I say that it's not that hard to influence a building inspector or appraiser to "Bat" in your favor.Also, just think about the thousands of comparable sales sold by the same company that can now be used as a comp when conducting an appraisal on the target property.I don't really have a dog in the fight because we loose 90% of business due to our stubborn "No financing" policy.But I just want to point out some things to folks that might not know/understand how the wonderful world of real estate works.We sure do loose a lot of business because of our ways, but to be honest I'm proud of it as our boutique approach has enabled us to have one of the best reputations in the business.Recently a few folks have mentioned that Ohio Cashflow does not allowing building inspections or appraisals.This is not true.Every investor can freely conduct both.We just state that we won't fix all of items that the building reports shows.Why?

There are currently 23 states (as of last count a couple of weeks ago) that enforce this law.I know this because we just locked up 2,500 SFR's in your state (in Orlando, to be specific) that are past the redemption period (bank did not pay delinquent HOA dues), and the same law group that won the case in Nevada in front of Supreme Court (see link below) is handling the conversion into Warranty Deeds.

Financial suicide......The only people that should try and own and operate D class units are local and VERY experienced in that genre... they know all the eviction attorneys, law enforcement, social services and local "muscle" to handle the class of people and properties you will deal withNew and out of state?

@Ankur Ba As you said, Hillsborough is technically a 7 day minimum but not really enforced all to much.

There are advantages and disadvantages to both strategies when deciding whether to invest in-state or out-of-state.In-State Investing:Knowledge: You probably know more about the rules, legislation, and local market in your own state of Houston, Texas.Network: It's possible that you already know contractors, real estate agents, and other people in your community.The Ease of Management: Especially when dealing with daily problems, managing properties in your neighbourhood may be more convenient.Out-of-State Investing:diversity: If your local market is competitive, investing in a different state may offer greater prospects and diversity.Affordability: As you pointed out, certain states could have more reasonably priced real estate, which might enhance cash flow.Market Dynamics: There are markets with varying development potential and economic trends that you may access.Taking Out-of-State Investing Into Account:Investigate the target market in-depth, paying particular attention to employment growth, economic data, and local real estate market patterns.Establishing Networks: Establish a local network of contractors, property managers, and real estate experts.