Found on Zillow during a competitive time in the market.

It is a common concern, I think if you are writing competitive offers then you can request a discount.

Unless you are someone who is going to take advantage of the leverage offered in an FHA loan, I am generally in favor of purchasing investment real estate in an LLC.  

Hey @Megan OConnor, I can't comment on the area specifically but it is doable.You need to search AirBNB and VRBO to get a look at the competition (don't forget to look at VRBO)You have to work into your plans the downturn during the off season.

Quote from @Chris Magistrado: I'm doing my research and I came across wholesaler who said if the buyer is requesting an inspection, they aren't a real buyer, probably just a wholesaler trying to scope the competition or lock up your contract. 

Quote from @Randall Alan: @Geoff McFarlaneYou have 5 years to be able to take advantage of the ~$500,000 gain exemption.  

This is a great place to learn and to connect with people so take advantage of all the great resources.

Your competition will probably use better or worse assumptions. 

My partner is a builder in the LA area, so if anyone is interested in taking advantage of SB-9 to build additional units on their property, feel free to reach out anytimeSounds great, Alan!

Because I'm not an accountant or versed in tax code and law wouldn't I want a CPA to ensure everything is legally tight and as advantageous as it can be?