Do not rely on it for legal advice.

The total building may be 3,000 square feet, but the individual units will of course be smaller (plus there are common spaces).I also wouldn’t totally rely on the city assessor’s records for square footage. 

Most states still rely upon common law trusts.

This is one of the draws for me to real estate investing - my goal is to cashflow and rely heavily on the numbers (and try to not to fall in love with the property). 

There's much misconception regarding the roles of custodians and administrators, as well as the extent to which they should be relied on for advisory services.There are many excellent companies, but as the number of custodians/administrators has swelled it has become increasingly difficult to navigate the space.

Hi @Connie PresleyEach area is different so it will rely on some local info.In my area I have an adjustment that I use after 10 years per year.... based off sales price.

Do not rely on it for legal advice.

Do not rely on it for legal advice.

I’m comfortable covering the negative cash flow with my Flipping income and keeping a reserve to cover issues that come up I believe that generally it’s a poor business decision to purchase rental properties with no or negative cash flow and relying on appreciation however since my all in cost is zero or negative (because I profit from the refi sometimes) I’m wondering what you all think about doing BRRRR’s with no cash flow or if I’m better off flipping these properties.

I woukd rely on a home inspection.