Which type of properties are you considering?

Here is a link to the Lake County Sheriff's office. https://www.lakecountyca.gov/853/ServicesThey provide an eviction service.

The date that this change is set to occur keeps delaying, but as of now, the transition is to begin March 10th, 2025.In an email from the Development Services Department,"Here is a quick update on the revised Short Term Rental ordinance approved by City Council on June 13, 2024.

Entity Formation & Legal CostsExpenseLow Estimate ($)High Estimate ($)NotesSPV Formation (LLC or LP)$300$1,500Delaware LLC (~$300), legal service fees varyOperating Agreement$500$2,500Template (~$500) or custom legal workPrivate Placement Memorandum (PPM)$2,500$15,000Off-the-shelf ($2,500) vs. custom legalSecurities Filings (Reg D 506(b) or 506(c))$500$2,500SEC & state Blue Sky filingsAccredited Investor Verification (506(c))$1,500$3,000Performed by third-party verification servicesSubtotal: $5,300 – $24,500

Curious if there are software options for managing both types of rentals.

It helps cover things like property damage, liability, and loss of rental income.Here are a few insurance providers in Omaha that might be able to help:🔹 Ally Insurance Brokers of Omaha – ALLY-INSURANCE.NET🔹 Jaffery Insurance & Financial Services – JAFFERYINSURANCE.COM🔹 Linda Miller - State Farm Agent – LINDAMILLER.BIZ🔹 Insurance Solutions of Omaha – INSURANCESOLUTIONSOMAHA.COM🔹 Ed Thompson Insurance Agency – EDTHOMPSONINSURANCE.COM🔹 Tanya Patzner - State Farm Agent – INSUREWITHTANYA.COM🔹 Montclair Insurance Group – MONTCLAIRINSURANCEGROUP.COM🔹 AA Brokers Insurance Agency Inc – [No website listed, but worth a Google search]Let me know if you end up connecting with any of them or find another solid option!

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

Otherwise, you may need to replace a water service (13-15k), electrical service (10-15k) and upgrade wiring (This is a tough one, but maybe an additional 8-15k inside).

Do you offer the service of doing a cost segregation study?

asset type, total square footage, state/city, and also the level of rehab you're aiming for.