I'd spend the money on quartz.You want to have a nice place so don't be afraid to spend where needed.I've heard horror stories of people putting in butcher block and people using it as a cutting board.

Do you want to pay a 6% "on-boarding" fee on the front end?

Thank youGerman It is the CA Franchise Tax Board's position that an out of state LLC owning an out of state property run by a California resident would still need to register in California:https://www.ftb.ca.gov/forms/m...

I've been on this board since 2010 and haven't found an example yet.

Yes, it is board as I wanted to see what is on the community's mind in their arenas.  

Quote from @Andy Bodrog: Thanks a lot for the replies @Chris Mason and @Gregory SchwartzOur lender said we can do a bridge loan but its around 11%.. id bring in 20% downpayment max, dont want to put too much personal assets into it and the issue is for yr1 w low rents and renovations its def a monthly -3-4k loss. def want an 8% or lower rateNot sure if lenders are ok with an initial cashflow loss, once its renovated we can have market rents and its a great deal after. it listed at 1.495M and we'd offer 1.2-1.25M. i understand the living in part doesnt necessarily bide well with investment focus, but for us thats a big appeal that its in a nice area to even live in If all you are looking at is 5% annual rent increases, that's not actually enough to get that 11% bridge lender on board.

Take it with a big grain of salt - I saw a property tagged with HIGH RISK of HEAT due to a 200% increase of days over 100F in the next 10 years....going from ONE per year to ...drum roll...TWO days per year.Exactly ^^^I've noticed that they are now calling the wildest temps as 'Heat Advisory'....For example: Last summer in Phoenix, they had a period with 105ish temps declared as 'Heat Advisory'.

Awesome board with many smart people having own suggestions and ideas to grow wealth!!

FF is revamping their website (among MANY other changes), especially after the new CEO came on board a year ago.I have noticed that MTR operators utilize the platforms very differently from one another and most do not know how to take advantage or optimize for better performance.

@Tanya Maslach try Padsplit.Only other option is to try to "bribe" a PMC to TRY it by offering to pay them more than their normal charges.Managing a Boarding House (room-by-room rental) is not as easy as owners think.