Built in early 1900s but have had all updates and well taken care of. 

Who is going to write up the budget and update the books as the project progresses. 3) You THINK that flipping houses will be your EASIEST way to make profit?!!??!

HUD prefers 60 days, but mine can do 40 or so and be fine.I send a regular notice of rent increase to the tenant and e-mail their caseworker as well.

On the one hand you can see that on the day the transaction was completed they got all The money that was due to them based on the facts of that point, going forward they are not the owners of the house anymore so if we got a tax credit or a tax increase it does not really concern them, on the other hand you could say that they took the effort to do this and since that credit was applied to the year they sold the house they should have a prorated amount based on the months they lived in this house.The second question is why didn't the sellers lawyer contact us directly, as the lawyer we used for the transaction is not really working for us on a regular basis and is not our regular counsellor.

Hey @Tony Lin,  There's a regular meetup hosted in Milpitas at Parktown Pizza - it's a great group / venue, have you checked it out? 

Any update on how this is working out @Russell Holmes?

The two rented units need some cosmetic updates including replacing windows.

@Anthony Gayden I wouldn't say Pyramid scheme, however I do see predatory practices daily, Guru's, and some of the bad property sellers ripping off the uneducated population on a regular basis.

If the wires are yellow or white they’re relatively new and updated.

Basically, if they are "materially damaging" the property or blatantly violating a specific term of the lease (such as if the lease says no drug use but they are using the property for regular drug parties for the entire neighborhood).