It’s also important to be as specific as possible in the scope of work for each line item—clear details can save you from misunderstandings or unexpected costs later on.I specialize in consulting services for situations just like this, helping clients work confidently with contractors by bridging the knowledge gap.

Use the top three or four discriminators so applicants can screen themselves.Then you need to have clear screening criteria yourself.

In doing so, bear in mind that the cost and admin of a corporation is higher and that the tax treatment is different:1.

Offering a rent-free period helps the seller stabilize, but what happens if they still can't afford rent when the time comes?

Originally posted by @Eddie Torres:@Natalie Kolodij Standard or foreign LLCs in California still cost $800 annually unfortunately.  

Happy to chat...being a local GC takes out a lot of the risk of the biggest variable for most investors (unpredictable rehab costs) and also allows you to consider more options than the average investor, with your rehab costs being significantly lower.

But doesn't have any property advertising, prospective tenant applications/screening, or any of that side of the business. 

Once a complete loss mitigation application is received, the servicer must review that application before starting the foreclosure process.""

.: I have an applicant who's going through a rental screening process A.T.M.

Feel free to reach out with your scenario details.