Is it too soon to show on tax record or is it not permitted?

Land use and building permit procedures are what trigger reassessments here, so you don't have to worry about that. 

There is no "guide to topics" where newcomers can look to find posts on their specific concerns.

I know I need a permit to demolish the house and I'm guessing the demolition will cost $15k but I have no idea what else I need to consider.  

Ben,Permits in place or are you not bothering with them (or inspections!).

We are waiting for the permits to be approved (house will be VACANT and unoccupied for at least 2 months).

You cannot say you're using gift funds to purchase investment property, since gift funds are not permitted as a source of down payment (at least for conventional financing).

And that's just some of the planning stage.I won't even get into the 25 or 30 different permits you'll be required to obtain, their costs and their impact on your budget.Now think about the Federal regulations that are in place from Wetlands to Flood Plain Issues to Storm Water Management to National Pollutant Discharge Elimination Systems to Erosion Control during the construction/development phases.

I have been under the impression that Malibu is very difficult to get permits for new builds, what about new manufactured homes?

New Job created = 7200GDP Growth for 1st quarter = 0.2%, slower than national avg and slowest since 4th quester of 2009.Texas Leading Index = DownTexas Business Cycle Index = DecelerateDFW / Houston housing demand weaken month-over-month after peak in FebruaryAustin / San Antonio housing demand increasing.Housing sale = Increase 1.8% annually, monthly decline since april.Building permit = Houston (3,386) and Dallas-Fort Worth (3,091) still led the nation in the number of single-family permits issuedhttps://www.recenter.tamu.edu/articles/technical-r...