Thus, when a foreclosure sale is held, you can set the bid amount up to the amount of the total debt, which would likely increase from 80K to include the legal fees, receivership costs(we suggest 5 - 10% of the rents collected), repair costs, additional accrued interest, minus rents collected.

Thank you for your input.Keep a cheat sheet for your property(ies) with color brand/codes for each room and common info needed such as appliance info, fridge opening HxW, etc...Paint should be standard sets of colors for all the properties you have.Flat means hard to clean, repaint it all.

I’m an out-of-state investor working on building my online presence, and I’m currently running into an issue with setting up my Google My Business (GMB) account.

Don't get me wrong, acquiring the property, doing the remodeling, setting up the business, getting the staff and clients will be work, and I'm willing to do some/oversee the rest.

Getting pre-approved, networking with local investors and agents, and understanding LA’s market challenges will set you up for success.Good luck!

It is clear from the interview that their main skill set is raising money and they partner with other "Co-GPs" who focus on the operations. 

(Government will set cybersecurity standards, but then are rarely enforced). 

@David F.As Russell mentioned co-ops are probably 1/2 the price of a condo and you would also have extensive costs to set up a co-op and typically it’s my understanding the builder funds the first 1-2 years of reserves.

If a Room for Rent is worth $1000/month, then reverse amortization at current interest rates between 6.5-8.5% for 30 year mortgage would set the price between $130,000 to $158,000.

Unfortunately, I do have a property in an HOA, which often comes with their own set of rules that you'd have to follow of course.