Jon I understand what you are saying about lenders wanting to see that you have skin in the game.I've only got 20k saved up.

You need thick skin to be a landlord.

I asked about treated lumber, the fellow said not a good idea, in case someone skins a knee on it, stubs a toe, etc. because of the chemicals used.

Vacancies have bee increasing substantially and rental rates are dropping for property types across the board in Los Angeles County, especially retail.I see this since I provide Broker Price Opinions of Value, Market Rent Lease/ Sale Studies and Consulting throughout Los Angeles county.REO's are slowing surfacing.

Lots of things can cause this but the gist is you are probably getting water in through the window or wall surface which is condensating.

Well, there are many ways to skin a cat in REI.....What is the motivation for the seller?

Insufficient startup cash to show an HML we have 'skin in the game' or working project needs (rehab etc).3.

Charles what you want to do is dull the layer of glass that makes up the glazed surface, without removing any color layer below the shine layer.

The potential liability is very high if you miss something during the process that later surfaces causing the investor/developer to lose money.Some of the skills you should have are a firm grasp on financial concepts and forensic accounting because sellers lie and they will cook their books too.

This isn't a problem from a cash-flow standpoint or even an equity standpoint, the problem is with then lenders wanting skin in the game.