All...new to the game, and eager to learn. Moving to SW Florida in less than a year and father-in-law and I want to start BRRRRing properties. He is bankrolling purchase/rehab costs while I find deals/manage. I will p...

For now I'm optimistically crossing my fingers it's a meter-read error.

I'm thinking of finding a buy and hold investor that will pay the reinstatement and do a sub 2 transaction.

Now that you own this property, the IRA may never be involved in the transaction. 

Fingers crossed Prop 10 does not pass.

Yes, I will be paying Cash to cover this transaction. 

In fact, on the larger properties I'm booked a year in advance.Most of the transactions are done  via email and rarely do I meet/speak to the tenants unless there's a maintenance issue.Cons:  SCAMS! 

There should NOT be an SB2 fee on a resale transaction.

I know I bought a home in Summerlin and changed myh residency.. and I suspect I am not the only one.. who is not chained to a desk or certain area.. 

You go with what the bank will fund, or pay the difference, or back out of the transaction.