I'm curious if there is a database that lists the soft-story buildings that would be affected by the legislation.  

Following the inspection, he handed me a hard copy bounded report, then emailed me and my agent a soft copy. 

In terms of other characteristics, they will range from “hard” preferred equity, which can be very similar to mezzanine debt and include a fixed coupon and maturity date to “soft” preferred equity, which is more likely to include some of the financial upside if the project performs well.

How much were your soft costs?

One is a townhouse with 3 bedrooms, 3.5 baths, built in 1992, around 1430 soft, purchase price is probably around $210000, rent is around $1800/month, needs to replace the roof which may cost $5000.

@John Thedford it seem like you have a real soft spot for all Wholesalers, I'm sure you have some pretty strong arguments as to why Wholesalers are useless, but I still think there are some great REI out there who have done some impressive wholesale deals.

You may also be able to obtain a 'soft' option to buy the home, that allows the sellers to keep marketing the property and lets you test the market at something a little above your 'option' price.  

Total rehab: $17,270 (estimated was $18k and change)The numbers on this deal:Purchase Price: $72,000 cashRehab Costs:Kitchen Granite: $1300HVAC upgrade: $500Electric Fixtures: $800Interior finish: $2300Bathroom: $800New floors: $2800Dumpster: $1000Deck: $3000Microwave oven and elec: $600Rotten wood removal: $895Deck stain: $595New sod: $1795Shutters: $295Concrete stain: $495Mail box: $95Total rehab: $17,270 (estimated was $18k and change)Total cost: $89,270Sold price: $115,000Profit: ~$25,730 (after soft costs it should come out to around 20k, need to figure those)DOM: 150They really nailed the rehab budget and for that I give them credit.

I have a pretty good grasp on what to expect from a soft cost stand point. 

Education also lets you practice soft skills in an environment without major consequences for mistakes.Plus Freshman year was the most fun I've ever had in my entire life.