I can't remember exactly, but I believe the main ones had to do with additional parking restrictions and water.

I think you need to figure out what your goals are before jumping into something.For example, you are saying to cold call, but who are you going to call?

Quote from @Arun Maheshwari: Hi,Does the bank owned foreclosure property allows to put Inspection contingency for big issues like plumbing, eletricity etc.ThanksIf it is bank owned and the foreclosure has taken place - possibly but they would make you responsible to turn on power and water and turn it back off.

Some areas have restrictions on mobile homes or rentals.Utilities: Ensure the land is equipped with essential utilities like water, sewer, and electricity.

I generally agree that buying SFH as first investment is an easy way to test the waters; however, if you’re set on REI I suggest buying a duplex or quad.

Some mentees will act as a bloodhound for the mentor, knocking on doors, driving for dollars, scouring the internet, making cold calls, or performing other services that help the mentor find new deals.

First you need to learn to separate the following:Maintenance: usually things related to wear & tear or tenant damage.Repairs: usually broken items like doors & windows, caused by tenant or nature.Capital Improvements: usually expensive things that wear out: hot water tanks, furnaces, roofs, etc.The seller is correct that Repairs & Capital Improvement items should not be a factor for awhile (ALWAYS get your own inspection to confirm).

Indeed, where we pay a REALTOR commission, we are initially under water, but look at the long- term probability the rental will remain in the system.

Specifically, I'm interested in hearing your recommendations for:- Deal sourcing and lead generation- Cold calling and outreach- Deal analysis and ARV calculations- Estimating rehab costs- Tools or calculators you use to determine whether a flip is worth pursuingFor deal finding, I’m currently evaluating PropStream and Flipster as a beginner.

For sure PG&E requires this for gas and electric, and I think most jurisdictions require it for water and sewer as well.