Not all plans are created equal - some will barely cover anything if you ever run into trouble - others have really high deductibles.

Same thing for fire restorations, gut things out to bare studs and spray it all.

How to do electric:Make sure power is off-buy and use the testerBlack to BlackWhite to WhiteBare wire to Bare wire (ground to ground)Make sure the switch is on the black-that way as long as the switch is turned off, the circuit is dead and you can work without going to the basement and turning the breakers off and on Honestly, knowing that will get you through most electrical jobs in a houseTom: you didn't hear this from me, but if you run a small length of wire from the neutral (white) to where the ground is, when they plug in the tester it will show that the outlet is grounded, even with only 2 wires-not that I've ever done this ;-) It's not going to be to code but:1 nobody will ever check if the tester lights up correctly2 if you take a look at the breaker box, the neutrals (whites) and grounds end up at the same place anyway.3 the previous owners must have done it because it tested fine for me when I bought the place

Sheets stuff was barely relevant 20 years ago when he retired from investing to peddle his course.

Sold off many of them and went down to the bare essentials but building the collection back up with top of the line pieces.I do have to say that for all this time, I never shot sporting clays until fall 2 years ago.

But I barely hang on.

I've seen 800 square foot 3 bedroom 1 bath homes that I could barely turn around in because of the size and layout.

From an investor's standpoint, condos usually come with HOA's (which can kill cash flow and fees can increase dramatically out of the investor's control.)Not to say that there are not any investors who purchase this type of property, but most experienced pros tend to stay away, baring some unusual circumstances, such as a condo conversion opp, or the incredible sellers market from 2002-2006 in CA, Vegas, AZ, FL, etc.

Black wires to gold screws, white wires to silver screws, and green or bare wires to green terminals.

As I barely understand the concept right now, is it just buying a cheap house that needs work and then selling to an investor for him to make money off of by selling to a typical occupying family or resident for a profit?