Newer construction code requires better earthquake-proofing, but it's still aimed at preventing a building collapse rather than holding the value of the structure.About 15 years ago there was all the talk about "100 year homes" but I haven't seen much come of that.

If you are not already working with a realtor that is well versed in STR and knows ALL of the requirements for STR, do yourself a favor and reach out to @Josh Green.

These need 20%-25% down, require a 680-700+ credit score, and 6 to 9 months of reserves (reserves are payments in the bank). 

Commercial real estate deals involve larger sums of money and require a deeper understanding of the industry, so it's important to work with someone who has expertise and experience in this space.

If you give someone over 19% membership interest in the deal, the bank will usually require a personal guarantee from that individual. 

There were several mistakes made on my tax returns that I pointed out, which required going back and forth with their tax preparers.

Getting a good painter at a reasonable price requires persistence and comparison shopping.

A/C is not required in Texas as well. 

Quote from @Dana Yobst: Quote from @Julio Gonzalez: @Dana Yobst While it may seem like a simple concept, it's actually a very complex process that requires significant documentation as well as specific methodologies.

Utter blasphemy, only "unsophisticated" investors buy in cash.An experienced investor once told me "why use my cash, when I could just default on OPM" I know its not popular thought on BP.. and of course ramp up requires it unless you inherit a ton of dough but as we age out I sure like free and clear and no debt.. just the hassle factor of having to make payments :)