Young adult children cost a lot of money compared to ages 1-18.

I am thinking of rehabbing this property and I was wondering if anyone has recommendations for a reliable general contractor in the Contra Costa county in California?

The "Economies of Scale" is defined as reductions in unit cost as the size of a facility and the usage levels of other inputs increase.

., the main sign was their credit wasn't exceptional, but they made enough money to afford the place. sadly, they've actually taken very good care of it up until now, but i think they don't know how to manage money.i'll be honest and say my mistake was that i wasn't enough hands-on with the tenant selection process and jumped too quickly. i'd hoped to have the place rented out by the end of july before i left for a vacation to costa rica. i didn't market effectively enough and that didn't happen.my property manager found them while i was on vacation. i was hungry to start making money on this home i'd just sunk a significant portion of my savings into and they "seemed like good people." my property manager is taking responsibility for the bad experience, but it was ultimately my ok.the lesson here is to do your due diligence in screening and be patient while you look for the right tenant. i'm losing more money now with them not paying than i would have had i waited for someone better. even worse, i'm going to have to kick someone out in the middle of an extremely harsh midwest winter, which i've read is a terrible time for finding new tenants.

I got a cost a few weeks ago of a complete rehab plus basement finish of $35,000 to $50,000 for a 3-2-2 SFH. 

Carpet and paint can cost a significant difference if you're talking about a 1200 sq ft house vs. a 2500 sq ft house? 

I think part of it is people do not like change, it can cost a lot to move if they have a lot of stuff, and if you are a great landlord, they may be fearful of getting a overbearing landlord.  

It doesn't cost a person more to pay with a credit card at a store than it would to pay with cash.  

A standard eviction under your sole proprietorship that would only cost a few hundred- may cost a couple thousand with an LLC (paying for legal representation).And you are correct, you can have a title company do the standard closing... so long as you have an attorney that you can contact to help you clear up any questions you might having regarding the wording.

*0-5% entrance cost as personals- who doesn't like buying stock at 5% of the value and having someone else pay it off*tax haven- our margins are small enough that we have a small profit, no profit or a small book loss*someone else paying off our mortgages + dividend- in stocks you can't have someone else pay the price.*1031 exchange- the ability to continuously upgrade and reinvest your property without paying property tax*cash flow- real estate produces stable dividends that you can directly control*control- I can control real estate I can't stocks, bonds etc*higher returns- class a properties produce us between 15-25% retune on our down payment Cons*price fluctuation*repair costs- dealing with handyman, currently looking for a new handyman as the one I thought I found in charleston is charging $200 an hour*dealing with tenants- they are your customers so it's important to Toe the line