I would get a lead inspector out there ASAP to test the hell out of every surface to have SOME contemporaneous proof that there isn't lead dust in the house.

In addition, being on a hillside in SoCal, it is critical to determine the makeup of the hillside sub-surface conditions as this will make the difference between a 150k foundation and a 500k foundation.

The homes in this specific area consist of older homes which on a surface level, seem good for a BRRRR strategy. 

The old fashioned is LandlordLocks which gives you master keys, vendor keys and easily changeable tenant keys. 

By default, the Mortgagee is both the one that lends and the one that has an insurable interest and therefor both descriptions pertain to “Mortgagee”.Which is preferred: Traditional Banks always only require they be listed as the Mortgagee whereas Hard Money and or Private Money; it’s 50/50.Now, you’re probably wondering in what instance would someone be listed as a Loss Payee but not Mortgagee- well, let’s say someone lends the property owner money in a non-traditional fashion - we can chat more about this later -whether it be for the property or for something else, doesn’t matter, and the borrower uses the property as collateral.

Be cause some woods have more visible grain, the irregularities in the surface need to be filled and sanded smooth, which is a lot of work.

LVP/hard surfaces last a lot longer and look better.

So, the clock should start when Title is transferred.Obviously, if it takes some time to transfer you can build up some appreciation depending on market conditions, and good to know especially for the heir to sell in a timely fashion to take advantage of the exclusion.Good luck.Good luck.

I was expecting testing, experience requirements, etc.To date, I've done around 60 projects in Philly as a GC and started off in a similar fashion as you're proposing.

Hey everyone, I've noticed some investors doing their market research the old fashioned way, manually going through Airbnb / Vrbo listings and jotting down data in Excel sheets.