Having to dig up the parking lot and redo the line to the street and repave can be many tens of thousands of dollars depending on the length of the run involved and how deep the lines are.Make sure you have the full financial numbers from the seller and they verify before spending thousands on inspections to only find out sellers numbers are wrong and they will not adjust the price etc.Hopefully in your purchase and sale contract you had language such as due diligence period does not start until ALL of the items listed are received by the buyer.

This best practice is no different than if you receive a physical check from a tenant.

He had been receiving “rent” for 7 months.

I received some intel from a family fried who is currently a student there, and it aligns with your insight very well. 

Well I can't help you much, as I barely received my Salesperson License last week, but I am also from the Ventura area and looking to invest in the future.

Typically, a Buyer will go directly to the Seller's agent hoping that since he/she is going through the same agent, he/she (the Buyer) will receive some type of discount since the Seller is saving on commission.

I guess in this stage of the cycle any wholesaler worth his grain is closing on his own real deals as there aren't enough of them to pass around for assignment fees.The few I know that actually have "Deals" never post anywhere, it's usually just a direct call/text or they toss on MLS depending on the market.

Most of our tenants have the payment processed 7 days before the due date to ensure we receive payment in a timely manner.

Today I received the loan docs and my issue is that the rate was locked for me at 4.875% which seems high.

Someone mentioned the idea of having a shared place for investors to upload appraisals that they have received for properties.