I’m not implying you can’t find deals, but be prepared to encounter possible heavy rehab cost..potentially.

If your protection is “limited” as the tile implies with LLC, and CA is horrible state for litigation and taxes, and judges give very little respect to elaborate asset protection schemes to protect debtors (you), what option do you have?

What this implies is the actual true quality of your services, and not just what you think your quality is.We now demand between $50K and $100K wholesale fees.

Is this bill implying that we basically ask the prospective tenant "do you make 2x the rent" and then take their word for it? 

why do you think warehouses being built implies residential growth or increased appeal?

So are you implying that a wholeseller is in on the scam with your lender?

Does this imply there is no water service at the unit?  

I know Texas has some implied warranties but I can't tell if they only apply to builders.

It is critical to understand how Agency laws apply in your particular state, to prevent a situation where Agency is implied and you now have a fiduciary responsibility to the person you are dealing with.

Seems minor, but in this era of compressed yields accounting for this the right way is mission critical.Here's an example from a deal I just underwrote:-- Cash investment = $100K-- Airdna reported revenue (of a like-for-like comp) = $100K (INCLUDES cleaning fees)-- Pricelabs reported revenue (for the same comp) = $85K (EXCLUDES cleaning fees)-- Implied annual cleaning fees = $15K-- Other annual expenses (excluding cleaning fees): $70K>>Cashflow/ COC (correctly VS incorrectly accounting for cleaning fees) = 15K vs 30K (15% vs 30% COC)i.e., if I didn't reduce Airdna's revenue estimate by estimated cleaning fees my underwriting would have been WAY off, but I could use Pricelabs' estimate "out of the box" and ignore cleaning fees altogether in my underwriting bc of how they report their data.