The California Apartment Association (CAA) is urging Governor Gavin Newsom to veto AB 2684, a bill that could lead to expensive air conditioning mandates for rental properties.

In my state (PA) a tree falling and causing damage to someone else's property only creates liability for the owner of the tree if the tree was known to be in poor condition or if the owner should have known it was in poor condition.

@Ari Lagunas I would chose the 95% OO loan over the higher FHA LTV due to fha sustainability rules (applies for more than 2 units), fha stringent criteria regarding condition, and fha rules regarding PMI.  

I’ve considered a construction loan to build everything at once, but the stringent conditions and potential delays make me hesitant, especially since this would be my first time seeking such a loan.I would appreciate any advice on the best way to make this work.

You may also want to consider reaching out to a real estate agent who works with investors—they can advise whether selling as-is or finishing the work will provide the best return based on your local market conditions.

I am also confident that in most cases, when market conditions improve, we will see our capital returned and hopefully a small profit. 

This approach helps mitigate risk, especially in a fluctuating market, by allowing you to weather potential downturns.Your strategy of going long on USD and short on AUD is intriguing, and it's smart to consider how the currency exchange dynamics will affect your investments.Regarding the Austin market, there has been notable activity in the lower end and affordable housing segments, with many buyers entering the market as they look for opportunities.

Also a lot of the hard money lenders these days from 1st time flipper want to see that you have about $50,000 liquid to weather any storms, like supply chain issues from Long Shoremen's strike. 

In my thirty years in Florida, I’ve never witnessed such devastation, which makes me wonder if this is a new weather trend foreshadowing the state’s future, or just a once-in-a-while event.Regardless, there are already websites and news articles discussing the so-called "Great Florida Migration."

However, I’m still mindful that this is our first deal, and I want to be prepared for potential surprises.Here’s what we plan to check during the walk-through:- Overall condition of the HVAC system (I’ll test it myself with HVAC multimeter)- Electrical issues (I'll assess as well)- Plumbing, which my brother, a journeyman plumber, can help with if needed- Any significant structural concerns, mold, foundation issues, etc.