@Andrew Grimmett If a seller is hesitant due to capital gains taxes, consider creative solutions: suggest an installment sale (seller financing) to spread tax liability over time, a 1031 exchange to defer taxes by reinvesting in another property, or a structured sale for flexible deferred payments.

I just learned that builders risk and liability insurance coverage can cease once a CO is issued for a new build.

I’m not claiming to know it all—I’m here to learn, build relationships, and grow.Here’s what I bring to the table:A strong understanding of leveraging Net Operating Income (NOI) to secure financing and reduce out-of-pocket costs.Experience in negotiating deals and identifying opportunities, especially in the LA market where many multi-family properties are under $2 million.Skills in managing larger properties, from scheduling repairs and upgrades to optimizing operations for long-term value.The ability to use AI tools for data analysis, market insights, and deal projections to help us act quickly and efficiently.I’ll be upfront—my funds are limited after dedicating the COVID years to supporting my family, but I have the work ethic and expertise to find and manage properties that perform.

I believe this is correct, but only limiting to 4 total.

For those with limited funds, starting your journey through wholesaling, can be a smart move.

I'm also concerned about the liability that I might be exposed to here by allowing what appears to be a business to operate out of my rental.

I was surprised to learn that even they, with all of their resources,  maintain a limited rolodex of GC's to whom they turn for repair work.

But from what I've observed (and I'm sure you've seen too), only a few new investors, who are more analytical in nature, do this.One of the issues that I've seen again and again is new investors putting together a "spreadsheet" based on their limited understanding, that produces inaccurate or misleading numbers.

I has been investing as a passive investor in a few limited partnerships.  

Note that water penetration is not limited to flooding from rising water levels on the ground in a weather event.