Many times they do not realize the adding of the adu makes their existing unit rent controlled.  

Maybe it exists but aside for rookies I know who have zero knowledge as to what they are speaking on, I have never heard anyone assume most flips are winning these days.

Registering a Wyoming LLC as a foreign LLC in CA removes anonymity but retains stronger asset protection laws.

While many of these issues are important considerations and should not be ignored or overlooked, there are other more crucial criteria that you must question and evaluate first.The critical risk criteria that you must review and evaluate prior to making your final decision on which 1031 Exchange Qualified Intermediary to retain includes, but is not limited to, the following areas:Technical capability of the 1031 Exchange Qualified IntermediaryInternal processes and audit controls to safeguard your 1031 Exchange funds and assetsUse of Qualified Trust Accounts or Qualified Escrow AccountsDecision criteria and guidelines for investment of your 1031 Exchange fundsProtection from potential errors or omissions by the Qualified Intermediary (E&O Insurance) Protection from potential theft or embezzlement of 1031 Exchange funds (Fidelity Bond) An experienced and professional 1031 Exchange Qualified Intermediary will understand these concerns and should be happy to discuss these crucial issues with you.

Only a couple exceptions exist to their caveat emptor doctrine. 

Point is, risk exists with ALL of it and there is no sure fire "guaranteed" anything.

Better off buying short term treasuries with as close to zero risk as exists in investing.

That would be best option as a traditional bank wouldn’t do this I read that I can assume the existing mortgage.

In fact, during my short stint as an aspiring BRRRR investor, I successfully secured a pre-approval for a private money loan based on my net worth.Now that I’ve shifted to land investing, I’m wondering: Do private or hard money lenders exist specifically for land flips?

You also need a detailed explanation of each cost item to solidify a clear scope of work for that specific task.Experienced general contractors provide computerized plans to show the current existing conditions and the proposed final floor plan.