Insurance and LicensesThe Subcontractor agrees to maintain:General liability insurance of at least $[Insert Amount].Worker’s compensation insurance (if applicable).All necessary licenses and permits required by law.6.

I was ready to submit an offer, but I called my GC first, and he strongly advised against flipping in Coronado due to the strict permit requirements.

It may require different insurance too..

When you finance through national lenders, in your experience, is a balloon a common requirement for commercial loans of this nature or is it possible to get a fixed rate for 30 years?  

The world of real estate has changed.The result of the lawsuits is that a REALTOR® is now required to have an exclusive buyer's agreement before stepping into/onto any property on a potential buyer's behalf.

In those cases, the title company guided us on the necessary steps to resolve the title issues, and we did whatever was required to close the deal.

@Jaycee Greene  they require a non refundable deposit and give 48hrs to see proof of funds 

The only thing the bank required is that I had a checking account with direct deposit setup into their account. 

And start the tedious process of building those relationships.Or you could skip all that and find a mentor that also has the community of likeminded people.It will take you less time but is likely going to require an up front investment.Btw have you done a deal yet or would this be your first?

You would need to submit a material list to a local supply house, usually they require you to open an account and they ask for a TIN for a line of credit.