An experienced sub with good-looking work probably needs to be tried at a later date, not on your first addition/upgrade.You could also keep asking people for other GC referrals..."

They are experts in the local market, staying up-to-date with trends, property values, and legal regulations.On the other hand, wholesalers take a more entrepreneurial approach to the real estate market.

@LeNelle Parker-Sims welcome, but understand we like to have a little fun with newbies that intro themselves like this is a dating site:https://www.biggerpockets.com/blog/2015-04-01-biggerpockets-love-dating-site-real-estate-entrepreneursPlease ask specific questions we can help you with!

But then there were some repairs necessary to pass an occupancy inspection, so the lease will have to be cancelled and redone with a new move in date. 

Converting your single-family home into a rental property involves several considerations to protect yourself and ensure smooth operations: Establish an LLC:Liability Protection: Holding the rental property in an LLC can protect your personal assets from potential lawsuits related to the property.Tax Benefits: An LLC can offer tax advantages, such as pass-through taxation, where rental income is taxed at your individual income tax rate.Insurance:Landlord Insurance: Ensures coverage for property damage, liability claims, and loss of rental income.Umbrella Policy: Provides additional liability coverage beyond your landlord insurance, offering extra protection.Deductions:Mortgage Interest and Property Taxes: Continue to deduct these expenses.Depreciation: Depreciate the cost of the property over 27.5 years, excluding the land value.Maintenance and Repairs: Deduct costs related to maintaining the property.Property Management Fees: Deduct fees paid to the property manager.Filing Taxes:Schedule E: Report rental income and expenses on Schedule E of your tax return.Separate Accounts: Maintain separate bank accounts for rental income and expenses to simplify bookkeeping.Lease Agreement:Solid Lease Terms: Ensure your lease agreement is thorough, covering rent amount, due date, late fees, maintenance responsibilities, and eviction terms.Legal Review: Have the lease agreement reviewed by a real estate attorney to ensure compliance with local laws.Tenant Screening:Background Checks: Perform credit, criminal, and eviction history checks on prospective tenants.References: Contact previous landlords and employers for references.Property Management:Regular Inspections: Schedule regular property inspections to ensure it's being maintained properly.Maintenance Fund: Set aside a reserve fund for unexpected repairs and maintenance.Moving Out of State:Communication: Maintain open communication with your property manager.

Fellow NJ investor here!

Hearing date by city for official approval or denial is in august.My current loan has about 145k left on it with a 3% mortgage.ideally would like to subdivide keep my existing mortgage on my current home and not affect the rate then get construction loan for new build.

Hope to hear more on here from others and their thoughts and experience with Big Bear, especially from fellow hosts like me. 

I picked a random date of 3/22/2010, and on that day, there were 21 courthouse foreclosures filed.I would expect the number of Short Sale (TAM) opportunities, today, to be practically zero.

Hey @Pauline SabadoWelcome to BP, I'm thrilled to connect with fellow investors who are passionate about unlocking opportunities in the real estate market, you are definitely in the right place.