The baths I have redone for my father in law cost a LOT more than the baths I redo on my flips.

Most hard money lenders do not strictly speaking have a mortgage on your house - they just have a promissory note secured by your house.Jake, I know from seeing you on here that you're new and looking to get rocking and rolling in real estate.

You should also investigate if there have been changes in laws or zoning that the current property is grandfathered into that would pose restrictions on a new construction.  

What is the best route to make sure there are no other liens or obligations that this law firm might not have detected?

I'm single so this works for me since I don't have to move a family around every 13-plus months after my Owner Occupant timeline has been met.2) I also buy low-rise condos or Townhouses with low HOA dues, they will cash flow in the area.I've been successful with this strategy, keep in mind you won't be closing on 3 - 10 properties a year with this strategy, it's strictly for the long-term buy and hold portfolio.

We bought a duplex with a 1 bedroom apartment above us where my sister in law rents.

Of course there are also property taxes and tenant friendly laws to think about.I'm happy to discuss if you'd like.

If our LLC saves one law suit based on appearance then that is bonus as our LLC is not structured to provide real asset protection.In summary, do your research on what is required to have the LLC provide asset protection (such as having the properties owned by the LLC and issues purchasing non-commercial in an LLC and risk to loan in transferring a property to an LLC) as well as the CA requirements limits on the use of OOS LLCs.Good luck

I attended FLETC (Federal Law Enforcement Training Center) in Glynco, GA and there were a lot of rentals set up on St.

I'm also opening a solo law practice serving real estate investors in Georgia.