Actually very negative cash flow rates.WWC didn't have the appetite to fund the short flow themselves, as NOI dropped so much.

Think of all the horror stories about tenants maxing out the heat with their windows open during the winter, deliberately running water bills up, etc.

However, here’s the catch with roofs: if it gets to the point where wind or water can creep in, small leaks can become big problems fast.

The agencies want 90% for 90 days for stabilization, and I wouldn't be surprised that when the new owner takes the property over, occupancy drops below 80%.What are rents currently?

Ask yourself what makes your property worth $2100 (incl water) when rents in the area range from $1500-1800 (assuming that doesn't include water)? 

The other issue is forest fire risk plus insurers are dropping policies and most insurers won’t write policies there anymore.

I'm particularly passionate about Fix and flips and Airbnb.Outside of real estate, I enjoy spending the valuable moments with family, friends and building fresh water fish tank aquariums as a hobby.Excited to learn and connect with you all!

We had a 10' ceiling height on the ground floor and ended up dropping a ceiling below the existing floor to decouple the new ceiling from the floor joists. 

I know we're in a good position because the sellers will now have to disclose some of the crap-ton of problems their place has and the foundation expert said that by refusing to fix the foundation they may end up having to be in a "sold AS IS" position which will drop the value significantly. 

I hate to see  new members being shot down when they dip their toes in the water.