Just another opinion from an inspector and investor perspective: it is important to have an electrical shut off switch (at least 6 switches or less) to kill all power to a home in case of an emergency.

@Dave Ivery Lots of simple but powerful advice given already.

It's like getting a power-up that makes your spending power and returns even stronger.

1031 exchanges are a powerful tool for real estate investors.

In short, to achieve and maintain financial freedom.

Jurisdiction is powerful.

So if there is built in equity in the property, you would be missing out on it because of a presumed prepayment penalty, but its a great way to leverage the bargaining power of cash while still maintaining capital to buy multiples at a time.Would be happy to help if you would like to take a look at what you would qualify for.

I am totally new to REI. Im here in Southern California, I wanna know how the market is here in terms of BRRR's and mid-long term rentals. My goals with REI is to generate as much cashflow and appreciation as possible...

You can charge up to but not more than what the local power company rate is in your area.

does someone have power of attorney for the tenant?