like me, alot of investors, especially out of the area investors/ rebab/flipers, want to structure something above and beyond paying a contractor for his estimated repairs, (or to an agent for being a project manager for the completion of the rehab above basic selling commission for relisting)  but something to incentivize the deal, like a part commission above and beyond a certain net; offer this to an agent or GC to put extra attention to the deal to completion...you can call this anything you want, a team member, a sweat equity partner..it doesn't matter..but I certainly want to offer a "part" of a deal above and beyond...and repeat with that person...it is a good feeling...and Im out of the area, and if any action is to be taken, I will be semi dependant on somebody to care above and beyond the norm... - from zero experienced flipping guy, matt..

I usually don't make too big of a deal out of this because I think the attention should really be on avoiding PTs in the first place, but the difference is there nonetheless.Your understanding of the CA franchise tax aligns with mine.

I will say if they haven't paid attention to the bank,  they probably won't to you.... but stranger things have happened. 

Because those rules are simpler than analyzing your own risk/reward profile or long-term investment goals, they attract a lot of attention.  

I'm in healthcare administration and I'm also adjunct faculty at a medical school. 

When an issue presents itself, my current tenants correct it when it is brought to their attention. 5 out of 9 had to move on because they could not adapt to the new regime when I took over the buildings.

I get a lot of great deals in Houston from wholesalers, 2-3 a day that are worth attention.

I would try texting the listing agent - she's had this property listed on and off since 2008 and has been dealing with the short sale (what a pain for an agent) - she's probably sick of it, not making any money on it and has probably been fielding a million calls from completely unqualified first time buyers who want that area but don't really pay attention to the details and don't have any cash - I would be clear in your communication with her that you understand the requirements and have the cash to close - I've had transactions with her in the past she's been around for a long time.  

Yeah you can spend $3K and get a new car or fix it, but can you afford the medical bills of the people who get devastated in the crash?

I'm medically retired now.