And when you pay the invoice, in the Memo line of the check, reference the invoice number you're paying and, assuming you are paying it in full, write "Paid in full" or "Final payment" to keep Mechanics Liens out of your life.To avoid confusion, I tell my contractors before they start that they will be getting a 1099 from me at the end of the year and collect the required information right then.

I'll tell you up front, the "out of town" demand for Charlotte is red hot right now, and they don't have time for investors who don't know what they want, or want something unrealistic.

I'm at a point where I could probably consider myself financially free now, but it would probably take me at least a year or two to properly convert everything to core cash-flowing assets. 

I know that hiring the guy/girl who does something day in and day out is way better than me at it, and can save me time/money/frustrations.

There are inspections that you must pass to qualify, and there is often a ton of red tape.

That's always a red flag to me as I feel I'm on the other side of someones flip.   

Question 3: Areas outside LA I have been looking at Riverside, Redding and Sacramento and these areas seem to have potential.

Curious whether there is still opportunity to enter this space or if the lack of posts is a red flag that opportunities have dried up?

Am I missing something, is there a red flag I'm not seeing?

I will be doing a few of them I don't want to be raising a red flag anywhere with banks.