The problem arises when the rehabber (Jon, in this case), decides that he needs to hire a GC to pull permits and bring in subs -- which he would very likely have to do if he didn't have a full-time employee managing the project.In that case, it would likely be more expensive than the 5-10% management fee option.So, while in theory I agree that the management fee *feels* wrong, in practice, I think it actually saves both sides some money.

Hi Tony, my long term goal is to buy and hold for rental and if I find someone who is willing to mentor me I would also like to flip a couple of houses.Hi Andy, its good to meet a fellow newcomer on BP.Hi Will, thank you for the welcome I'll try my best.

The contractor needs to be able to communicate and keep them informed with pictures of progress, updates, sign-offs on permits & paper-work, etc. via digital means.

The access road/driveway and everything inside the gated community are maintained and completely funded by our own, solely by using the cash from the collected HOA dues, we don't accept public money. 2. that our country's law does not permit the HOA to put lien or foreclose the houses that are behind with their HOA payments.

That amount will probably cover your first permit in LA county lol...

Comparing apples to apples you should comp a rooming house with other rooming house and not apts.And you should also check zoning to make sure that it is a permitted use.

In more complex transactions there are other approval clauses such as getting permits or entitlement approvals, environmental studies or details evaluations of mechanical systems.You posted in the Rehabbing and House Flipping forum.

Since we'd incur 50% of the cost even for unfinished space (grading, permits, foundation, framing, siding, roof, etc), I can't imagine we ignore that cost.

My late father in law was a general contractor in San Diego and from what he told me you need a license, permit, and insurance to hook up a water hose and then have a inspector sign off on it.

We continue to see zoning changes, permitting requirements, NIMBY and even outdoor advertising bans created which add even more hoops to jump through.