Hi All,Section 8 (and other entities) understandably require a W9.

The wholesaler usually understand construction and development so they know what potential issues we might run into for a property and they make sure to check those out for themselves or they let us know that this could be an issue. 

But, also, sometimes you just have to touch a hot stove to understand not to do it again. 

I don't like the idea of taking advantage of anyone, but personally if I found an opportunity like this I would understand the reality of the situation is that if you are able to make a favorable deal, so can anyone else in the market, so might as well strike first and be more reasonable during the turnover process so you can sleep well at night. 

I found out though that only a general contractor can pull permits in the city I plan on building in which is completely understandable!

It passed, but I suspect most people did not fully understand the repercussion of it passing  Beware of disguised attacks on both Costa Hawkins and prop 13 as they are both going to continue.  

Some of the questions I'll need to discuss with them:1) The home is renting by the room (grand-fathered with the city zoning) and month-to-month, and I want to understand which of the laws apply to our situation.

(Rental loss = repairs or renovations exceeding rental income) If you are a high earner, you generally want to get advice from a CPA that understands real estate income & taxes, but here's a few thoughts:1.

-Do you have a deep understanding of construction terminology, processes, standards?

To make everyone understand we all matter alike?