I also can not afford to re-open elsewhere, because my business requires extensive electrical and plumbing alterations.

You can start by visiting his alter-ego, JakeSwank.com 4) You wasted no time to jump on a comment about another client claiming "scam." 

The contract is assignable if it doesn't prohibit it, and you can always alter the contract.  

My lease specifically prohibits all alterations and maintenance by the tenant for these reasons, PLUS, you never know quality of their workmanship and have no recourse.

(As I MAY have to live in the house someday and that would be MY room again, I too desire a tub...but I do NOT want to live there any time soon...it would be an option only if a life altering event took place...my fall back). 

I would be interested in creating same and accepting alterations to it but BP doesn't allow:PDFJPGPPT (Powerpoint presentations)to be uploaded, so I'll defer until they do....

I'm a new investor and would love to hear your opinion on my 1st rental property purchase attempt in Southern California.The good:1. 4/2/2 1600 sf SFH with big yard;2. flipped house so everything is new;3. comps with smaller square footage or not so good condition are all over $100k (ARV is around $120k-130k), and seller countered for $75k;4. it can rent for $1000/month;5. it's a relatively safe and quiet area.The bad: 1. vacancy rate is like 20%-30% in average for that area because it's rural and has lots of rental properties;2. roof is in very bad shape and will need to be replaced in a year or 2, which will cost about $5000-$8000;3. no dishwasher, will cost about $1000-$1500 to alter kitchen cabinets and add dishwasher;4. only has vinyl siding, not a good choice for high heat area and will stretch and sag, cost $5000+ to replace with stucco;5. no separate garage door connecting main house, will cost about $1000 to add it;6. house is about 2.5 hours away from where I live;7. almost no appreciation.Expenses: property tax: $1541insurance: $570property management: 10%maintenance: 5%tenant replacement: one month rentI understand how hard it is to find cash flow properties in SoCal, so I'm struggling on whether to proceed with this deal even though cash flow is only about $100/month, not to mention cash on cash ROI is less than 5% considering all the capital expenses in the near future.I welcome any input.  

8) Repairs and Alterations(a).

Make sure the system has all Windows Updates, as the Certs have been altered due to SSL & TLS changes. 

Mortgage backed securities since Dodd Frank have been altered in such a way it is no longer viable to provide "loose" mortgages to borrowers.