A lesson from the N Backer Avenue deal was the importance of precise budget management.

It will be essential to have precise estimates for prospective rental income and insurance expenses when determining whether or not your investment is feasible.

I think Southern California (my area) is precisely the "most affected" area of which you speak, hence the trepidation of engaging in current flips. 

You want an LLC for ease of administration, trusts are kind of annoying as they can act as their own taxable vehicles as opposed to single-member or pass-through entities that an LLC can provide.

I am very pro EV and electric vehicles, we want the tenants with these cars. 

For example reminder to replace HVAC filter every 3 months, to ensure pets are vaccinated yearly, to ensure tenant sends me copies of renewed vehicle registrations and insurance etc.

On-site evaluations allow you to examine the property's condition, identify potential difficulties, and precisely estimate renovation costs.

Steve, that's precisely why they are in the wrong business model .

The challenge was executing a same-day transaction with precision, but the deal underscored the value of having strong partnerships and a clear investment strategy.

Many of you probably know the „german“ way of doing things...The stereotype would be the punctuality and precision of the people and the public authorities.The reality is the following: a lot of barriers and long approval processes as well as legal restrictions when it comes to owning and handling capital.