@Barry Ratliff, your question touches on two important aspects of tornado damage and HOA management.

This usually involves using ground-penetrating radar (GPR) to scan for the remains, but there was one small problem—GPR is only effective up to about 15 feet deep.

Modern lumber is also a lot more prone to termite damage as it is softer and easier to consume whereas old lumber is extremely resinous and naturally termite resistant.

@Leah RamseyDuplexes can be a cost-effective investment strategy for reducing living costs and generating income.

About two years ago I purchased a home damaged by a fire to rehab and flip. 

Your CPA is likely considering the intricacies involved in ensuring everything is filed correctly, which could save you from potential headaches down the road.That being said, I understand the desire to explore more cost-effective options.

That can literally be like 50 bucks - and that is not up to youInvesting in section 8 usually means C-D class areas - Higher risk, higher turnover, higher chance of evictions, higher chance of property damage, behind on rent etc.Instead of buying a 20 unit, maybe considering scaling down and investing in a solid area. 

The best thing to do would be to consult an attorney, but likely, that is not an option for everyone starting out.I'm not an attorney, and this is not legal advice, but some of the information that we include in our contracts is:- A clear scope of work - Payment schedule / Milestones- Change order approval process- Allowances for finished materials- Reasons to terminate the contract- Expectations for start date (X amount of time after final plans /permits are received or X amount of time after the contract is executed)- General schedule and timeline (This is where you could specify an end date - however it may be better use incentives rather than liquidated damage if your general contractor is late - we've done both, but found General Contractors respond better to getting something if they get done early instead of being punished for being late. 

This transaction demonstrated our expertise in quick flips and effective marketing, yielding a strong profit for our partner.

In-state markets offer cost-effective management but can be challenging to find properties with 10+ units.