But once you see that $16,000 of the $20,000 are prepaid homeowners’ insurance and property taxes (that you'll be writing a check for shortly anyway), you determine that the actual one-time closing cost is only $4000.

From Facebook Marketplace to Airbnb-style rooms, there are countless ways you can market your rental property online.

If you are in a high fire zone, the California Fair Plan is likely your best bet.It seems like SafeCo is not writing any new insurance in CA.The house is not in a high fire zone. 

Make sure there is nothing is writing incl text or email suggesting anything other that the lease is NOT being renewed no matter what he does.

I'd also write into the lease that the first time YOU come, it is free; but after that they pay. 

For example, their rent is $2000, they pay me $1000, I then apply the $1000 to the renovation project, which they estimate to be around $8,000.How should I write up the lease agreement as far as collecting the rents?

The thought of traveling with cold storage devices, and having to write down a bunch of passwords in a book that you might lose, or in your head, then only to lose your life savings.... -- I'll pass.Probably a 100% overall return on my portfolio by now, though.

Fees should be clearly stated in writing, easy to understand, and justifiable.

We do have plans to add a 'park style' grill, picnic table, maybe a few fire rings to make for more sites, but still aiming to keep it simple and cheap.

Of course many times on BRRR with max leverage you have to write a check to refi.. so helps there