always like to hear from my sunny Cali neighbors, here in the redstick is rental potential especially Multi-family, baton rouge is our base but we are envestors prime for any markets in Louisiana post flood areas, thanks for reaching out may your pockets grow bigger & your wallet fatter, keep posting but most of all keep sharing 

You can administer the activities of the LLC, but you may not add value through the provision of goods or services.You can select vendors and materials and oversee work that is done, and of course handle the expense/income transactions on behalf of the LLC.You can purchase materials separate from the labor, but I would caution into turning yourself into a delivery boy and running to the hardware store every day or few days.

These white kitchen cabinets were shipped that color, we just assembled them and added the hardware to complete the look.

I have a fear that for example if there are heavy plumbing repairs that require a building permit/city inspection that the inspector may find lead paint or old wiring that doesn't meet current code......then empty my wallet!

I have a fear that for example if there are heavy plumbing repairs that require a building permit/city inspection that the inspector may find lead paint or old wiring that doesn't meet current code......then empty my wallet!

(No structural changes)Repair rear deck and front porch to usable condition and paint apr. 250 sq ft total (remove & replace 4, 2x6x8 deck boards)Floor repair where needed near back door (attach 3 2x10x8 floor joist to existing floor joist to reinforce soft floor) install new subfloor in area of repair.Drywall repair for bathroom, closet, laundry and master bedroom areas where needed (up to 200 sq ft with knockdown texture)Skim coat areas of house with dated wood grain style texture and re-texture where needed (approximately 1200 sq ft) Install bathroom vanity, sink, hardware etc. (36" vanity)Install kitchen cabinets (8 base, 6 wall)Install appliances (dishwasher, microhood combo, electric range, fridge)Install new plugs and switches entire house (14 switches, 4 GFCI, 36 grounded tamper proof plug ins)Install all light fixtures interior and exterior (15 total)Install counter top for kitchen (white quartz slab / granite or tile 32 sq ft "never formica for our flips")Paint interior walls and ceiling one color and trim one colorInstall interior doors (pre-hung 6 panel @ 10 doors)Install interior trim base, window and door trim (approximately 1200 L/F)Install windows where broken @ 2 (24x24 bathroom window, 36x60 bedroom window)Install all flooring, carpet (500 sq ft) laminate (1,000 sq ft) sheet vinyl (100 sq ft).

really great advice,Account Closed you need to start your own podcast or webinar on creative ways to wholesale flip/rehab, rental, single residential or multi-family property, and driving for dollars 101, very nicely done i hope you went from bigger pockets to a "fatter wallet!"

For example, when you drive to your rental building to deal with a tenant complaint or go to the hardware store to purchase a part for a repair, you can deduct your travel expenses.If you drive a car or truck for your rental property, you have two options for deducting your vehicle expenses.

The only vote that counts is the one who votes with their wallet.

That's using a GC and not doing much of the work myself (I only do tile work and TV/internet wiring myself), in New Orleans.The finishes are as follows; prefinished real 3/4" hardwood flooring (nail down), solid wood cabinets (flat packs from China), prefab 2CM granite counters (with SS undermount sinks), Frigidaire SS appliances, ceramic tile floors in bathrooms, ceramic tile tub surrounds, basic door hardware, recessed lighting living areas, smooth texture walls, builder grade interior doors and trim (door casing, baseboard and shoe molding only, no crown or window casing), painted hardiplank siding, builder grade vinyl windows, basic roof, fiberglass batt insulation.Our land costs are pretty cheap compared to west coast.