The day before the job, the building dept said “they never pulled a permit and their license expired years ago”.

Some sponsors flip apartment buildings and others have a long term buy and hold outlook.

Given that many people have said the average price to build in California is $200 and above per square foot, I became worried.Do you think building a 2-bedroom, 1-bathroom home measuring 550 sqft is feasible at this cost?

For example, some cities have started capping the number of short-term rentals allowed, while certain HOAs impose fees that can significantly cut into your margins.For out-of-state investments, having a trustworthy property management team that understands local laws and has good relationships with HOAs can make all the difference.

A few road bumps were overcome, but my next goal is to build a new build!

And would like to use this benefit to buy the land and build a home on it. 

My goal for this year is to do 2 flips and use the profit to build on more properties.

Though it is 2 years old post such as these may help build connections etchttps://www.biggerpockets.com/forums/432/topics/1037293-inve...

Typically it is older buildings and not really on new investors radars?

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