The state licensing has also been mentioned already, so make sure that gets started as well as it takes a fair amount of time to get processed and approved.Beyond the permissions and licenses though, start by surveying what the need is for Kingman by compiling a list of all the current homes available, vacancies, rates, services provided, and then drive by and tour as many as possible.

I'm up in in the North East, I've toured homes that had 10+ bunk beds with 20+ people living in a large single family home.

5) Is there a 3-D Tour?

Not only that...but within a couple hours add these: Rte 66, 4 Corners, Anastazi Ruins, Antelope Canyon, Horseshoe Bend, Lake Powell, Lake Mead, Hoover Dam,  Monument Valley, Petrified National Park, Sedona, Railroad Tours, and even a short day trip to Southern Utah.One of the most hidden gem areas in the country..... 

So much for an LLC protection.Here who is being sued:Federal Trade Commission, andUtah Division of Consumer Protection,Plaintiffs,v.Nudge, LLC, a Utah limited liability company; Response Marketing Group, LLC, a Utah limited liability company, also doing business as, 3 Day Real Estate Training, Abundance Edu, LLC, Affluence Edu, LLC, American Money Tour, Cash Flow EDU, Clark EDU, LLC, Edge 2 Real Estate, Evtech Media North, Flip for Life, Flipping For Life, Income Events, Insider’s Financial Education, LLC, Leading Financial Education, LLC, Onwealth, Power Flip, Prosper Live, Property Education, LLC, Renovate To Rent, Simple Real Estate Training, Smart Flip, Snap Flip, US Education Advance, Vintage Flip, Visionary Events, Wealth Tribe, Women’s Empowerment, Yancey Events, Yancey, LLC, and Your Real Estate Today, a Utah limited liability company; BuyPD, LLC, a Utah limited liability company; Brandon B.

So much for an LLC protection.Here is who's being sued:  Federal Trade Commission, andUtah Division of Consumer Protection,Plaintiffs,v.Nudge, LLC, a Utah limited liability company; Response Marketing Group, LLC, a Utah limited liability company, also doing business as, 3 Day Real Estate Training, Abundance Edu, LLC, Affluence Edu, LLC, American Money Tour, Cash Flow EDU, Clark EDU, LLC, Edge 2 Real Estate, Evtech Media North, Flip for Life, Flipping For Life, Income Events, Insider’s Financial Education, LLC, Leading Financial Education, LLC, Onwealth, Power Flip, Prosper Live, Property Education, LLC, Renovate To Rent, Simple Real Estate Training, Smart Flip, Snap Flip, US Education Advance, Vintage Flip, Visionary Events, Wealth Tribe, Women’s Empowerment, Yancey Events, Yancey, LLC, and Your Real Estate Today, a Utah limited liability company; BuyPD, LLC, a Utah limited liability company; Brandon B.

Once you’ve determined how much cash the seller wants and have agreed to the purchase price and closing date you will:Prepare the contract and have the seller sign it.Prepare the borrower authorization form and have the seller sign it.Record a video tour of the property and take photos.REMINDER: The borrower authorization form is just as important as the purchase contract.

But all you are getting from that is "is it even worth my time to tour?"

Best way to find out is to tour local rehabbed properties in the area, at open houses or look at them on zillow, realtor.com, etc, and/or just go to the local paint store or the one you will be buying the paint from and ask them what people are using.

A claim I know of in Seattle took over two years  to process because the insurance company and the homeowner fought over the value of the property, thusly the amount of the payoff.But, I've also toured a different house that had about the same amount of damage as the photo above that was REO (owned by the bank), so that one went through foreclosure and either before the auction or after the auction someone set it on fire, I can't remember the sequence.