You'll probably want to look into having your assets held in a living trust or some other kind of trust if wishing to avoid probate in California.As to your question about the mortgage, there's a federal law that the attorney might be referencing that generally protects transfers into a living trust from causing the need to refinance, but would need more details to discern.

Kind of like a value add house hack

Once the initial setup is finished, how often do you visit?

Hard money, which is most commonly from an institutional lender (either a broker with a white label setup or a lending firm), is generally available, but you will need to meet experience requirements to obtain funding from these kinds of lenders.

If more important items such as plumbing, electric or mechanicals are not working we will also address that for them but typically we avoid those kinds of properties if its to extensive.For those who are familiar with wholesaling you fully understand that to wholesale none of what we just mentioned above is necessary or obligated to be done in order to wholesale.

Usually they'll say yes and begin to give you all kinds of information to turn in for final approval on a short sale.

How do you navigate that challenge in a market like Utah, where achieving that kind of rent-to-mortgage coverage is becoming nearly impossible?

Hey @Mike Pepperday, AirBNB and VRBO are your best bet to see what kind of demand there is for STRs in general.

You also kind of have to accept that you'll get nickeled and dimed every once in a while by a PM.

Kind of figured that the loan side would be a long shot.