Hire a licensed and insured electrician there are codes that are in place to protect people and property it is a safety risk that you should not cut corners to save a few dollars on.

Educate the land owner on the potential profit run the numbers and go over the basic proxy and blue prints.Make sure you have a seasoned and qualified Builder/GC because they can be a deal killer with wasted time and inflated material and extended completion dates.

They usually cherry-pick fire and safety related items from new editions of the building code that just can't wait, in their opinion.

You can then give out codes for self-showings, AFTER a prospect meets your basic screening requirements.

Plus, you'll be higher in the capital stack in debt.DST's are basically managed funds, in my opinion. 

Mine has grown over the years to accommodate more properties and analysis, but I've divided into basic sections:Revenue (by unit)COGS (I know, but old habits.

Basically the city sends their own inspector out who compiles a list of items that are required to be fixed usually within 3-6 months of taking ownership. 

Basically a small full gut with part of the work done already.

They are basically the same as applicant number one except there is an opportunity for them to make more money with the second person if they chose to work which means higher probability you will get paid on time. 

For the most part, I think I understand the basic idea of a 1031 Exchange.