One familiar reason is NIMBYs ...while it is important that local residents have input on new housing, their resistance to new development is "heightened" especially in coastal California, and it's slowing down the ability of developers to build more housing to alleviate the stress on the limited housing supply. - sourceAnd while the average project approval time for new construction is about four months nationally, it takes eight months on average in L.A.To recap, here are some of the challenges inhibiting development in LA:Getting entitlements for new development is expensive and timelyNIMBYism and the control of local communities over the planning process adds tremendous risk as a project could be stopped due to law suits, lack of approvals, or requirements which make deals unprofitableThe high cost of land and entitlements coupled with a lack of incentives restricts the pool of developers who can afford to developBecause it is so challenging to develop and because we have such a shortage of housing, developers can only make their deals profitable if they target high-end buyers, further contributing to macro-gentriction wherein only the affluent can own homesThat said, it isn't impossible for a developer to develop.

It lets them claim that you accepted a reduced amount as payment in full, and leave you to argue to the court that this isn't true. 

This has been my secret weapon to reducing those moment and making things alot easier to manage. 

That will eliminate any costs savings you might expect from reduced electric bills.The 9RLS system has a serious temperature control issue, as well.

Flipping land can be just as profitable as housing without the unwanted stress of tenants, time-frame's, and budget.

When you think first about the buyer and what they want, you build a property for them, reduce the likelihood that you’ll overspend on inconsequentials, and increase the likelihood that the right person will buy.This simple strategy can make a difference in your flips.

Once the newness of these buildings wears off, they will be on the turn-over treadmill just like their existing properties.Perhaps these landlords are resigned to turnover being an ummutable factor in their business model, where our goal is to reduce it to 5% or less.

If you have money, buy a the right price, and know contractors that will do good work and are trustworthy, I'm sure you can drastically reduce the time you spend on the flip, but comes at the cost of profits.

Seeing a place does reduce the risks, but you still need to make an offer, based on this new information in a contract.To start the call lead the conversation, but have them indulge information.

The loan requirements include the borrower setting a performance bond, agreeing that the project funded shall not benefit any other business venture, that the primary lender advance 70% of any future funds required at that lender's approval, that the borrower is not to further encumber the property, that interest be paid annually the first 3 years, then payments roll over under an end loan with a prepayment penalty 5% to year 5, then each year the penalty is reduced by 1% annually until it doesn't apply.