(We're from California as well) Everything has been extremely smooth so far and their staff has been excellent with their customer service. 

They just cost me a deal, and they are extremely unprofessional and unorganized, I'm not sure. how they are in business.

I am hoping this number is extremely conservative given that our contractors, inspector, and realtor walked it as well. 

Hey Rachel,I can't help you because of the location but you're going to have an extremely tough time finding insurance for that type of risk. 

Wholesaling teaches you an extremely valuable skill in RE: How to find off-market deals.

All recommendations are extremely appreciated. 

By fostering relationships instead of only chasing transactions, I’ve been able to tap into unique deals that helped me expand my portfolio without exhausting my resources.Relationships Across Borders: International and Out-of-State VenturesExpanding my network didn’t just open doors locally; it allowed me to explore international and out-of-state investments as well.

First you have to face the local municipalities & will be extremely difficult to get the zoning approved. 

Hey Santosh,As of right now you're extremely exposed regarding insurance and I'm going to assume legally as well.If the home isn't registered as a legal multi-family with the town that's something you'll have to correct ASAP and make sure the home is up to code.Insurance wise as soon as they find out what you're doing they'll cancel you as the risk has changed from a single family owner occupied home to a multi family owner occupied home.

If you start a JV in name but do not give your partners proper control and decision-making rights and the deal goes bad you open yourself up to serious consequences which can lead to SEC violations with extremely high fines.Lastly, you can offer the project up to investors who have no voting or control.