The buyer was a real estate investor with a real estate license, however commissions were waived since we sold direct to owner and incorporated into the closing sale price of $324,000.With an acquisition price of $230,000 & a resale closed price of $324,000, the difference is closing price and resale price was $94,000.

I think most California owners just fell off of their chairs.

However, with that said, I have seen properties in Big Bear that were "cleaned" and making the management company large returns, plus cleaning fees that had floors sticky with beer, missing fire extinguishers, missing table clothes, etc and trash on the doorstep in the form of broken kitchen chairs.

The sale includes ownership of all kitchen equipment as well as bar supplies tables and chairs, the current owner basically has leased out turnkey restaurant spaces.

Hi, I am planning to research and buy rental properties / flip houses. Is it wise to form an LLC or do in personal account. How are others doing this? Any suggestion to a newbie?

I'd tile the bathroom floor and up to chair rail with some large format or large subway tile. 

Working on projects, brainstorming, collaborating, bantering back & forth as a team really helps bring synergy to what you're doing.    3) I've been thinking about playing volleyball again, and just got a set of golf clubs so I can incorporate some physical activity into my schedule.  

Go spend 20 minutes, sit in a chair, answer a couple of questions, open a cash account because your windows are 70% off retail price as a contractor. 

One could see that the favorite chair sat next to that intake, the wall was extra brown there, yuck!

Out of curiousity, does Justin Ford talk about the dangers of choking on hotdogs and peanuts, tripping over area rugs and extension cords, or falling off a chair while trying to reach the mixing bowl on the upper shelf?