Total contract price, payment schedule, time of completion, make sure all change orders are in writing and include additional amount, make sure GC is licensed and insured, make sure all of their subs are licensed and insured, make sure that all items are completed to code, make sure that materials are specified (ie marble, ceramic, travetine, etc...) 

Hi how're you doing.I noticed there are over a hundred BiggerPocket Podcasts. I'm just getting into Real Estate Investing, and want to get a proper background on the terminology, the lingo, and just get a feel for eve...

While its better to own property in an LLC for protection from law suits I have never found a conventional loan that will do it as the lender must follow strict guide lines when making these loans. 

I have been in contact with code enforcement.

Assuming you target a specific market (one, two, three zip codes or neighborhoods, for example), and define some buying criteria (property type, condition, square footage, etc), there will not be enough people for you to market to to generate a crazy call volume.

The house in Park City was a complete remodel - it was started in 1979 and never finished  - I had to finish it and bring it up to code.  

They will likely send an inspector to show compliance with city code depending on the type of store fronts (e.g. a restaurant setup will have different requirements in many cases than an art studio, for example).I would certainly invest in getting individually city metered utilities so that the tenants pay their own utility bills and there is not some messy shared arrangement that you have to deal with.  

The Phoenixville code official at that DIG meeting said that even Phoenixville gets contractors to register.

The owner of a duplex is facing a number of charges following a fatal fire over the weekend.Under the fire code the landlord is facing two charges for not having proper smoke detectors and two charges for failing to have proper carbon monoxide detectors.He’s also facing a charge for improper fire separation and another charge relating to self-door closers not operating.A woman died of smoke inhalation Saturday morning at 395 Curry Ave.

Our capex estimates increased substantially based on what we'd need to do to pass code but also to raise rents (somewhere to the tune of $500K-$800K).