Did you consider natural gas, since it tends to be the more affordable fuel choice?

I have a lot of patience; it is my nature.

Of course the property would need to be a relatively higher cap rate considering it would need to cover the 6 & 8% interest being paid.Another option would be a lease option or something of that nature, sublet and exercise the option with private money or a conventional loan.I would love to hear some other ideas/thoughts, etc. on this!

I am a skeptical penny-pincher by nature, and imagine the market in California may offer its own unique set of challenges in real estate.If I have to choose which types of investing interest me so far, they would be buy and hold, and possibly rehabbing.

Besides, I doubt that church was originally purchased by a natural person to get financing and then later transferred to an LLC.

By nature, they're young and ambitious, but probably lack experience.

Naturally we were excited.After entering the contract, we asked our real estate agent whether there are any HOA caps on number of rental units in the property.

First you need some basic business consultation and you can get free advice from SCORE, google that and follow from there, probably have advisors near you.An LLC is sufficient to do anything any RE, the type of business structure has very little to do with the nature of business conducted, as a small business your considerations should be based on tax matters, ease of adminitration, flexibility to conduct business, ability to obtain financing and insurance and lastly liability matters.

That's the nature of short sales they take anywhere from 4-8 months usually.

However, the 1,500 SQ FT home will naturally use the furnace less aggressively as there is less to heat.