We sold, again management issues and we were out of state.

Local STR laws can change within a relatively short time period, and you want to have a backup plan for if/when those changes take place.All the best!

The advantage of porcelain and vinyl in Arizona (as opposed to real wood), is that you don't have to worry about moisture issues (or lack thereof).

.: Hello BP,    I'm looking to build a spec home on a piece of land I own in a relatively affluent Bay Area neighborhood.

I'm planning to purchase the SFR with a conventional mortgage, but my mortgage broker and underwriter are telling me this will create a lot of issues both legally and with the bank once I demolish the property and try to subdivide; since the mortgage is for the full property. 

You might laugh but being a new person in very new situation creates these kind of issues.

Buying with all cash is an excellent strategy, particularly as it relates to security and maximizing profit/cash flow.

Look out for any signs of water damage or structural issues too.

Legacy Title Agency is putting the top notch screen on these transfers for those investing in the city , however I will also share with you there are several title companies locally that the policies they issue aren't considered "good" by the big underwriters.  

My issue is this:Their ads!