Or is that a common practice among trusted contractors and investors? 

Renovated it completely and turned it from a college rental into an Airbnb.

Timeframe, legal considerations, and best practices going forward of course vary by jurisdiction.You can't count on believing that the family member doesn't already have utilities under their name or similar arrangement that will keep the power on for them.

My mom had her own view of the world, but she was 11 years younger than he was and he married her right after she dropped out of college.

I’m here to soak up all the knowledge I can, share my experiences, and connect with others who are just as passionate about real estate.I’m looking forward to jumping into discussions, learning from everyone here, picking up tips and best practices for multifamily investments, house flipping, house hacking, and BRRRR, as well as making connections and maybe even collaborating on future projects.Thanks for having me!

Can I cold call for you, I need to practice this skill anyways? 

I might look to practical things that can be done to mitigate those risks such as adding a sprinkler system to that basement unit or something like that.

On paper and in practice, the BRRRR strategy is great.

Standard practice to rip it all out and replace , overall

I have a pregnant fiancé in college  full time, we also have  twin Seven year old little girls at home.