This is a conventional loan where they also cover your PMI (private mortgage insurance).

From what I’ve heard, private lenders or small groups often jump at projects like this when presented with clear ROI.

Most out of state investors are better off just acting as private lenders, buying low cost index funds or keeping their money in HYSAs.

I'm not an expert on California law, but I believe you are allowed to give a 60-day notice of termination for a substantial remodel.

I can probably help you I have done a lot of private deals and I don't pay taxes. 

To protect our rights, we would definitely deliver a formal 5 day notice (Wisconsin Legal Blank), but at the same time indicate that we are looking to collaborate to find a solution.

With software like propstream I can even look at seller mortgage details and MLS private remark.Getting license you only know the legality aspect of being an agent but doesn't necessarily means you would be a smarter one to get to know the market.The only thing that I can not do with propstream is I can not download all disclosures when I try to purchase.

Depending on your income needs, pulling equity out and lending privately combined with a fulltime or part time job may be another option that doesnt bring as much boom or bust risk as flipping. 

I am serving her a notice to vacate at the end of her lease in feb. 

I used a private lendor to fund the re-hab (cash) and owner financed the purchase price (minus down payment) I have a bank account linked to Stessa and I see the cash deposit in the transaction tab.