Then you need to find a contractor and a realtor, etc... your team is essential to your success... of course you will most likely find properties from other wholesalers who think that the properties that they find are worth twice what they really are and that you can do the work for half what it really is going to cost... heck I think that most wholesalers have never actually even set foot in the properties nor have they ever had the opportunity to actually rehab a property... then, if you are very lucky (as you are new) you will get the privilege of getting a hard money loan (unless you have cash) for a whopping 5 points up front and 15% interest... at least until they trust you enough to make it 3 and 13... etc...Why?

I had the privilege of attending one of @Ann Bellamy 's Black Diamond meetings in Worcester, MA last night.

here are the relevant lines: GRANTOR, in consideration of the promises made herein, hereby grants anddemises to GRANTEE and its authorized agents the right and privilege to enter thePROPERTY for purposes of Conducting an environmental and geotechnical analysis andcontour survey over and across the PROPERTY in connection with the PROJECT.

There are many more costs to having a PM than extra vacancy and being charged for the privilege

Once you all move out and rent the house, you will have better cash flow and a wider availability of potential tenants if you stick around $200k.Relationally speaking, responsibilities, privileges, and expectations need to be properly laid out. 

., be the 'legal you' in CA - and pay CA taxes (maybe both business and personal taxes - depending on how you elect to have your LLC considered - as a corp or a partnership) on earnings and CA franchise fees for the privilege of doing business in CA whether your LLC earns or does business inside CA or outside of CA.As you are presently intending to invest in Nevada through an out-of-state entity (your CA LLC), you will have to also register your CA LLC with the NV SOS as a 'foreign' entity and you will have to get and pay for a Nevada registered agent to be the 'legal you' in Nevada.  

You will usually pay for the privileged with higher interest rates though.Don't buy into the mortgage write off just yet.

:wink: As I’ve understood, either you as a seller pay for a cheapskate like me to view your listing, or I as a buyer have to pay for the privilege.

Home ownership is a privilege not a right, just as your driver’s license.

The annual fee is $50 per unit regardless if the property is occupied or vacant.However L&I is discontinuing the fee for the Commercial Activity License (aka Business Privilege License) which is required to obtain the rental license.