The New construction (this pertains to California), came when they started to use smaller dimensions of lumber a good example is 2x4s were changed to 1.5x3.5s (sometimes 1x3s), they went to a gusset plates on truss members, etc. 

Thing that stood out to me was “debt for rehab” Tough love: if you don’t know whether this is a short term or a long term you can’t afford the rehab out of pocket -you’ve got a lot of learning the hard way ahead of you.

(they don’t want it back and to move it themselves, they want you to sell it and come back for more business) Now considering the number of properties funded at any given moment and the ROI these HML’s are getting, it would be quite an extraordinary thing to go through this entire process and not having them work with you on this (because the amount of money stood to be lost in these proceedings eats back into the amount derived from things such as an extension on the loan and simply charging you points for doing so) Again, the ‘worse case scenario’ here I’m describing.Having said ALL of this and hopping over to PMI- this really depends on your PMI source- it could be easily assumed that for some people, working with the 'Frist Bank of Mom and Dad' as your PMI would be less complicated and seem less cumbersome (not in all cases and 'mom & dad; could be anyone) Odds are if they aren't related to you the ROI they expect could be much higher than a relative (on avg it seems maybe around 10%+, whereas a family member may ask for prime alone or something like .5%-1% above prime) My best advice would be to speak with possible PMIs you may already know as well as HMLs and simply become educated on what their requirements are- knowing what you qualify for, or alternatively don't (if you can take HMLs off the table right away knowing before you apply you don't qualify, it's going to save time in working your PMI angle faster) The single MOST important thing to keep in mind above all else is this; no matter who you work with PMI or HML- keeping lines of communication open is virial to not only the deal, but any future deals you will have with them (as they are financing) - IF anything looks like it's going to go wrong (say missing a payment) let them know so they can work with you and NEVER against you Hope this helps!

Trusses you’ll want to pay for and order early (but delay delivery until you’re ready).

Truss plans are included from framing contractor.

My hair stood on end.

Hope to hear from you.Reggie Truss

I'm looking for a SFH that I can live in and rent out a couple of bedrooms near a metro area.The Raleigh  - Durham - Chapel Hill area stood out to me after I visited it a couple of times last year.

the licensed electrician i hired to do a short list of repairs to my rental didn’t finish work he agreed to do and left me with a mess of trash even though i asked him not to put anything in the trash receptacle outside he smushed his boxes etc into it and the cover wouldn’t close there are varmints in the area. he left an electric plug uncovered after he agreed to install a blank cover etcwhat should i do my work list was very clear and i supplied all the light bulbs and new fixtures. instead of a ladder he stood on a half full paint bucket i am not sure it can be opened now etci am waiting for advice before i settle with him he was pretty sloppy with finishing upi had a great guy but he is very busy and said he’s too old for ladder work … i’m really having bad luck with hiring.thanks in advance for ideas

It stood out to me because Cash Flow was the main reason why I became interested in real estate.