A low maintenance condo rentable to good tenants sounds like a good starting point to me.I’m 56 and reasonably setup for retirement, so real estate is a stabilizing diversifier for me.

For me and my business it is not getting frustrated with guests.

In 2023, I invested in some Norada Capital Management 7 year Promissory Notes and last week less than one year after signing the last note, I receive a "form" email addressed to "Valued Investor", dated June 20th, 2024 from Marco Santarelli, who signed the letter as CEO & founder, that interest payments were being suspended until further notice without any resumption date.

Even if you got the 130k valuation, between the HM loan and the refinance the lender just took the majority of the equity in form of lender fees, appraisal costs, and interest.

Instead of debates and personal opinion, look for proof https://www.ladbs.org/docs/default-source/forms/plan-check-2017/single-family-dwelling-duplex-plan-review-list.pdf under G (Interior Env) which defines the minimum requirement of a habitable room (aka bedroom or bathroom).

Hey BP family, I'm currently trying to help out a family in need from having to foreclose on there property by taking over subject to, it has a high interest rate although the entry is around 20k I want to wholesale this ultimately Is it possible for me, to disregard my initial assignment fee to get a buyer asap and add a 2nd lien on the property as my fee? 

Hard and fast rule for me no pools at tenant properties. 

I have met some great people on my journey, and I am looking forward to meeting more great people here.My relocation is a reset for me.

Typical cost for the setup would be in the $15,000 range which would include production of the Private Placement Memorandum, Subscription Agreement, and Operating Agreement, Investor Qualification Forms, as well as filing Form D with the SEC, and state “Blue Sky” filings in those states where your investors reside. 

Am excited to venture into wholesaling and I've been educating myself on terms, technique, and form of going about it.