By leveraging our expertise in pricing and buyer demand, we identified a deal that required no renovations but still yielded solid returns.

I'd ask for vet documentation for proof pet has received all state required vaccines.

I have a separate interest bearing account for security deposits as required by my state laws.

During demo, if they open up a wall and find a leak that requires a change order. the change order should be specific to that repair and have a cost associated with it. 6.

Do to the state mandates that require 100% reserves in all categories, combined with the rising cost of their neighborhood insurance policy, my strong recommendation is you find out what further anticipated spikes in association dues & if any possible special assessments are looming.

To avoid reducing your lifetime exemption, you could gift equity incrementally, but this requires proper legal structuring (e.g., fractional ownership transfers).

California law requires abandoned tenant property under certain circumstances to be sold at public auction.

Some documents require “wet” signatures… meaning hand signed.  

So, coming up with more capital to invest in another property requires some creative thinking.

This of course can be scaled up as well for better profits, if you have a 1 acre lot, you can probably fit 2 buildings with 4 units each (depending on zoning requirements), or 4 buildings on 2 acres and so on.