If so, you'll need to make those up in short order to avoid a foreclosure.If you could get this as a pure subject to with a $26K note, it would be a good deal.

When selling on a lease option, you would use a separate lease that would be identical to a lease you would use for a pure rental.

Since LLCs are a tad expensive in California maybe that's a simple cost/benefit trade off for her.From my reading of what 'fire policies' provide there's NO liability coverage, it's purely for rebuilding your property.A separate liability coverage line item should be added to your insurance policy, I've got mine set up for $1M.

But I have learned that it is much more profitable for you to focus purely on it from a cost-benefit perspective.

After close, we are going to save some more money and start all over, this time it will be for pure investment and not to live in or house family - I am considering doing a couple wholesale deals to raise some cash for the next rental.

Purely my perspective, but I don't really see any downside to having your license assuming you aren't planning to do anything unethical or seemingly unethical.Just make sure you disclose (both verbally and in all contracts), and you should be fine.

He didn't have a lot of construction experience, but he is a great manager and negotiator, and over the next couple projects we worked closely to figure out all the processes for the business to make future rehabs easy and successful.Early on, he got paid purely commission (a percentage of the profits on each deal) and he now gets salary plus commission.

Saw the new one tonight:-He has inside jokes from complete strangers-Cuba imports cigars from him-Mosquitos refuse to bite him purely out of respectStill the best on television!

Just pure unadulterated HYPE.I sold every property I owned in that market and made out like a bandit, hey I am human.

Its a memory dump, pure and simple.