Nothing I'm aware of bars attorneys from drafting, reviewing, and advising on promissory notes, but loans used for household purposes typically now require it to be finalized through a licensed broker with specific disclosures.

And a good broker will be able to assess your property value in a comprehensive way, which alone could set you at ease knowing you are making the right decision whenever you need to pull the trigger.6) Do the mathEstimate renovation costs, if any, and closing costs when coming down to your ARV.

Average credit score is in the high 500's and the average household income is well below national average.

I'm not sure if you have the ability to save money not allocated to your household expenses.

I just did a drive by today and noticed my tenant is storing an excessive amount of household items in the yard, including indoor furniture. 

Thanks for sharing, @Max Householder!

Here's a list of questions I think new investors should get the answers to: https://www.biggerpockets.com/forums/55/topics/361999-new-investor-from-glendale-ca, it's not necessarily comprehensive, but it's a really good start.After you've done your research, go meet the top one or two teams on your list.

All used tampons, applicators, or wrappers should be disposed of with household waste.

The information provided is vast and comprehensive on the west coast market.Sincerely, Christopher J.

@Max Householder & @Edward Burke I just want to clarify that taking ACV is not the strategy I was referring to.