It is a good place for flips.

Yea they would keep that in place and you'd get a second position mortgage for the rest at, well, higher than todays rates.

You will probably have more of them here than most places so ask them what was involved and how long it took.

Ya man, folks out in Cali are wild and have a lot of miss placed rage.

You don't know, what you don't know.Bigger Pockets is a great place to find a tax accountant specializing in real estate taxation.

Having the contractor relationship in place to move quickly and provide a high quality renovation at a reasonable price.

(I lived in Houston for 29 years--last place was the Rice Lofts downtown.  

That is the reason why you will see DSTs commonly invest in single tenant assets where a long term lease is in place with an extremely stable tenant. 

If you layout a path it may not go the exact way the plan is laid out, but you have a target that you're aiming at getting to and a lot of the secondary decisions fall into place and are clear when you know where you are headed.Congrats on being in a great place with real estate and options!

They are even working on getting me the evicted tenant's security deposit, the missing JANUARY rent since the place is still empty, and covering the cost of my own manager re-listing the property.