Dumb question, but is asking a police officer to swing by just to assess if there is weed (quick smell test) be too much/a violation of anything/asking for trouble?

A buddy of mine, who’d been eyeballing a small multi-unit in Tucson recently, nearly forgot to factor in the HOA’s special assessment fee.

I would bring in a drafter or architect to assess it and see if you only need the building plans and pay permits: Building plans about $3k to $4k since everything is done... and city permits about $4k to $7k and make sure that you don't have to do anything major... front foundation could easily be $5k or more plus engineering work and stamp. : so, assess all systems and see for obvious things like : garage door, ceiling height, perimeter foundation and drainage, framing if you can, attic space, electrical, plumbing etc 4.

A couple factors that come into play when assessing cost:1.

I currently own rentals in Charlotte and Tampa and those were purchased with potential for large appreciation in mind -- not so much cash flow.

Successful investors often focus on properties with potential for flipping or long-term appreciation.

The Bayport Dr deal intrigued us due to its market-ready condition, favorable purchase price, and high potential for profit with minimal effort.

I do look at the relationship to the potential renter. 

That's a potential of 5 - 6 months where the tenant doesn't have to pay me a single dime and will be squatting in my house for free.

Instead of liquidating 1k in the stock, can I just give (transfer) him 1k in stock if he is OK with that (assume he is good with the investment and potential cap gains in the future)?