Turns out, during construction, one of our vendors flushed something down the toilet, causing a clog, which led to the system overflowing and flooding the home.We ended up having to cut and replace drywall in multiple rooms and swap out the wet carpet, which will cost us around $10K.Mishaps like this will happen in Real Estate.

.- Refinancing is starting back up again.

You should also ask about warranty coverage, lease-up periods, and what kind of rental demand exists in the area.

Are there any meet ups, or group of investors who currently have meetings or any organized events?

My initial recommendation is tighten up your lease.  

Once you move on to a second property, you’ll likely need to refinance out of the FHA loan to free up that option for a new home purchase or switch to a conventional loan for future properties.Your Home in Year 3: Planning to use an FHA loan for your personal home in Year 3 is possible, but make sure you meet the FHA criteria at that time.

I have LLCs set up in the state my properties are in, but if I could do it again I'd probably just do one for my home state because you have to pay business tax in CA if you live here even for out of state LLCs.

When setting up a new PM relationship, is it typical for them to own the entirety of the airbnb listing? 

If the tenant identifies an area of moisture that may be causing growth we immediately address the source of the moisture, replace and damage building material (usually dry wall) and or use mold cleaning solutions/mold blocking primers as required. good luck

Whether it’s networking, sharing experiences, or discussing strategies, I’m here to build meaningful relationships and help each other achieve our goals.If you have any advice, resources, or simply want to connect, please feel free to reach out.