As happens periodically everywhere, SoCal just had a case daylight where two guys had masqueraded for years as structural engineers and defrauded hundreds of resi and commercial clients for construction projects that were built - and now may require full demolition!

I would divide my money into three categories equally.1) Flips and Urban Townhome/Rowhome/Skinny Mini Development in hot areas and lowest priced areas, but on the development structure so you pay zero for the land and don't finance your soft costs.2) 1.5% to 2% Cash flow rental properties using BRRRR in B class areas.

Hey question for you – I was just talking to my contractor today about eventually getting all the decks and siding replaced, and he was saying we'll probably need to get a building permit as some of the decks are attached to the main structure.

There's just 1 hard money loan I'm trying to figure out how to structure to protect my cash deposit...

I'm willing to guess that the bulk of your fee was not so much in tax prep (although it could have been), but was mostly "cleaning up my books".Cleaning up the mistakes in a QuickBooks file can easily add several hundred dollars to your year end bill.My fee structure is like this (and is similar to many CPAs in my area who are also self employed and work out of their homes.  

I will work those fees into the management structure since I will have to bring in new management.

I'm just getting into Real Estate Investing, and want to get a proper background on the terminology, the lingo, and just get a feel for everything so I can choose my path.I was thinking about buying books, online courses, in person courses, and of course these Podcasts.Just wanted your opinion, what would be the most structured way of getting a Real Estate education.

On the rentals, it probably depends if there is a rehab needed (for BRRRR) and I'd also think about having your friend partner doing the loan financing in his name.I found a structure that works great for us.

I would just mention the structural integrity of your flooring cannot exceed a weight capacity of 300lbs, any encumbrance above that is a safety hazard.

But you'll have to check with some legal counsel to be sure.If you do end up pushing them out, you can always do the same thing again, but structure it as a Lease Option, with NROC (non-refundable option consideration) instead of a down payment.