Only one house in current portfolio, but looking to grow and network with anybody interested!

They have to run 2 new wires (100 amp each) underground but still carry the same load as the existing one (200 amp).

I get that I will not be able to depreciate the house under the LLC but will I if it is for "personal use" but use the monies to furnish and manage the property at least I will have that. 

Hi,I am looking to buy a 3 bed single family house with decent schools in San Diego.

I would certainly start by talking to lenders, since $90k does not go very far in many markets, especially if you need to both buy a house and rehab on that budget.  

House would purchase for 30k I'm a contractor as well reno for 25k - 30k so 55k- 60k total investment and property value of 100k after reno.

I was planning to do that and then return their security deposit if the house is in good condition.

@Ted Akers  got it.. since It was not my business model I just fast forwarded to your default position..I have a proctor insurance account so I can insure for monthly fee. so house was protected for the few days I owned it. 

----I do have a 'rental' in Joshua Tree House....

Started with a house hack in 2017 and got to 10 units through house hacking before getting laid off from JPMorgan in 2019.