Saurabh Pahuja Taye Nguyen Just as a thought...I never go to the big box stores for contractors.

@Megan Bridgette,My past experience was with HUD homes and it was so long ago that these web resources did not yet exist (early to late 1990's).Today, I would use Zillow for comparables so I would have an idea what to expect before approaching an agent for a CMA.

The Bigger Pockets book store if full of great books: https://www.biggerpockets.com/store

My name is Andy and I was just browsing the web page and came across your post.

Good luck on your web development app.

Don't take your first time lender to the DIY store, see an attorney, being business like with family is always best.

Stephen Chatto I'm not a Lawer but my dad is a retired broker he has a book on real estate laws in New Jersey, I am not a Lawer but from my understanding As a wholesaler (flipper) you are considered a broker especially when met listing properties on the web , police can fine you in different ways as in practicing with out a real estate or business license (which is usually the case)NJRS §45:15-1.

As far as estimating the cost of replacing the normal outlets, I can only assume they cost between 5 to $10 a piece but that just takes a run to the hardware store.

This vacation rental area has exploded - so there are now quite a few cool tools to see what you can expect for rates and occupancy by address or zip code - just do some web surfing and you'll be amazed.    

The rental has a mortgage and while I did find an article that spoke of not violating this clause since the property is not changing ownership, I'd like to find out some more about it before taking steps.This is the web site where I first found statements eluding to the implications of the due of sale (still researching):http://www.creonline.com/beat-the-due-on-sale-clau...This is about 3/4 of the way down the page under Enter the land trust "The trustee holds title for the benefit of the grantor.