My rational is that he would be financially invested and have more motivation to do a good job and meet deadlines.We agreed to set up an LLC try 3 flips together.

They are allowed in DC and Montgomery County if the property meets certain conditions.

@Wayne Brooks I was recently the highest bidder on a property that didn't meet the reserve.

Looking at these photos of Calwa properties, it looks like it is in a C- - neighborhood with trash outside, weeds not meeting fire code and in front of each buildings have dry rot. 

I'm fairly new to the BP community and it's awesome to meet you all!

It is hard to find deals that meet the 1% rule here though.

I would meet with them once, ask them questions and hire them if they answered them to my satisfaction and could start immediately.

So the nightmare scenario is a huge set of fines rendered long after he's gone & I have no leverage to get recouped.Any advice on how to get the HOA to meet a deadline for a fine decision when there is nothing in the bylaws compelling them to?

Hello BP Family, I’m an investor. I have 3 multi families in MA. I have 1 3family in boston. I Airbnb 1 full floor, live in another unit and rent the third unit.I have 2 4-family properties in springfiled Ma. My goals...

Almost meets the 1 percent rule!