However, I have a feeling that is not the case here.The only other exception i can see if you request that you want to see the performance of each specific unit.The next question would be since you already had a couple of multi-family houses, how did your CPA classify them on the tax return?

I happened to have the cash to pay down the balances so my credit scores went back up and I refinance into a 30 year loan, got the majority of my cash out of the property except for ~$6K, and paid back the cards and such.

Also, this new investor could have been exceptionally exaggeration of the ARV without mentioning the rehab costs and the disposition cost after completion.

I am not looking for anything in particular except for people interested in RE.

Most if not all of what I've seen from gurus is readily available at little to no cost, except for the actionable, fire in the belly part.

Unfortunately, it is now the norm and not the exception.

@Jose Amer  There are exceptions to AB1482. 

I did this with every course I've ever bought and religiously listened to self help tapes for the first ten years of my business, starting with Carleton sheets and moving through every guru that sold stuff concerning real estate. ( I spend ALOT of time behind the wheel in my job. )   Except for Carleton Sheets course...I've bought every course used off of ebay and probably only spent a few thousand dollars total on what has to be every guru and course available.

I've bought properties that had structural problems that revealed themselves after I bought (which I had to fix)--and having gone through that process, I can tell you that I would never knowingly buy a property with structural issues (except in rare circumstances outlined below).So, why am I willing to buy a property that's on the brink of condemnation, but I won't buy a property with significant structural issues?

Get permits for everything except direct replacement cosmetic work.