I work with a lot of VA clients, and I myself have used this method to accumulate properties here in San Diego.

I searched BP and learned a lot about stepped up basis but couldn’t find this exact situation.

My answer is always the same, and I've tried both methods.

From the city guys coming out the guys doing the work for me. picked up two more opportunities in the same neighborhood as they felt I should make offers on the houses because the owners are being fined but not pulling permits and doing Shady work.II had an ex partner I used to tell him he'd step over a dollar to pick up a nickel busy try to cut corners. in this business it's very easy to do the right thing pull a permit do the right correct work and it'll pay off in the long run. in this situation before I would close on the unit the gentleman mentioned above I would call the city inspectors and get their opinions on things now it might even help you be able to lower the purchase price.

Would love to hear how you guys got started on your journey and steps you have taken or would advise me to take towards getting my feet wet on my new chapter in life.Looking forward to chatting with you all soon.

The good news is that you’re taking steps toward wealth.

It's time to move and start taking the steps toward my goal of financial independence. 

What steps do I need to take to make it legal and safe for investors? 

First step is always the most challenging one.

One method that I think would be a "no brainer" is contacting mortgage brokers and ask them to send me "almost qualified" clients for my Rent to Own programs.