If she is the one represented as the agent, then she should be able to sign off on it.That term means that any future development should be of "similar quality and construction as what is there (or better) "if everything in the neighborhood is wood siding, and comp roofs, then that's what you build.

You'll want to get an air quality test to determine if you have elevated mold levels -- you won't necessarily see the mold.

In most cases, if you make quality decisions when you buy, your property will show taxable income on your schedule E even after depreciation.

I have been at it a while and can tell you they probably would not qualify for most quality student housing without the cosign and extra security.

Market CAP Rates vary depending on the quality and type of property.

I want to move, but a house of equal quality in a nice area would cost more than I could get for my house so I'd lose my Prop 60 advantage.

One you are investing and second you are gaining expierence.From managing your own property you will learn how to market your property, screen tenants and deal with tenant issues.

One of the consideration for me in screening is that yearly income of the tenant should be at least 30 times monthly rent.

I wouldn't look at the total amount only but the quality of the property.For instance I wouldn't buy an 800k property just because that was my plan.

Hi Andy,Finding a quality contractor that's reasonably priced is difficult.