From personal experience, this can motivate them to do a final deep clean before handing over the keys.Finally, for peace of mind, you might consider consulting a local real estate attorney.

One final question about your strategy and I appreciate all of your information, why use a wrap mortgage?

One quote has the items listed, shows the price of each item as $0 and then has a final total. 

All in all, like i said, out of the bulk of the deals that come accross your desk, you'll probably like a small percentage, and will further shorten the list as you finalize which deal it'll be.

I feel I'm finally ready to spearhead my own project.

But I always leave the final decision to them so I'm not liable for their decisions. 

Once the work is complete, inspections from the DOB and DOT will finalize the process.

If you did a full repipe and gutted the entire property then I assume (in all that means) that there were permits pulled and this should have been caught when the inspector did their rough in walk through or atleast the final occupancy inspection. 

During period of low interest every post on BP was about cash flow - now that cash flow upon acquisition is dead the only option is equity which is also reeling because price appreciation is finally back to realitypersonally I buy for growth because I buy to hold for 10-20 years or longer.

I know a lot of CA investors doing MTR/STRs to cash flow in-state and OOS but it's a lot more work, not mailbox money.I hear stories of OOS investors losing money in the Midwest, the worst being a CA investor buying 3 apartment Class C complexes in Missouri who finally sold it 3 years year with all the repairs and tenant issues after changing PMs which didn't help.