Their rejection letter appears to suggest my only recourse is to locate a 'QUALIFIER' who has at least 4 years journeyman experience, to qualify my landscaping contractor company. so, in the interim, i can only do jobs that total $500 which is basically nothing since just a truckload of MULCH here in socal can easily add up to over $500 and the CA laws in my opinion are so outdated since $500 maximum in labor+materials means handymen can only do tiny jobs like painting, yard cleanup, garbage hauling.

Just taking a slightly different approach in how we are talking about it.You, I and people that have been doing this for a while know that most MLS "Deals" are garbage that won't make you a penny in cash flow or, short term, appreciation.  

No way NOT having a dishwasher is going to fly in our market...... could easily skip the garbage disposal but no way on the dishwasher delete.....

NOI 29,407cash on cash ROI 41.89%monthly expenses 2,719 x 12= 32,628purchase price 157,00025% down= 40kfinancing 117k5.1% 5 year arm / 30 yearsmy expenses include tax, ins, water, sewer, garbage, vacancy, repairs, capex, prop mgmt, mortgage.

Also, when the Google photo car drives by, make sure there aren't any couches and garbage laying in the yard.

So of course their credit was garbage.

I tried this Jeff, it was disasterous.My tie got caught by a passing garbage truck and I was nearly dragged to death.

Are there any outstanding city assessments (for unpaid water, garbage bills, etc)?

My question is should I be budgeting money each month for electric, water, and garbage or is it possible to have the tenant take care of all these things as long as the property is set up for that?

Rent collected is $ 1460, owner pays for Water/sewer/garbage which is an Avg $200/month.