Keep in mind if you buy something that needs rehab your vacancy on the front end (or the rent from not updated units) will lead to a dip in performance on the front end until you get the units in good shape and get top of market rents. 

Thanks,Caleb You should look at using your money to invest in property that will pay off the loans for you especially if the rates are low on the loans.Building your business is all about relationships and It’s a contact sport.

Multifamily real estate is one of the most stable, best performing, and best cash-flow producing investments available.

Multifamily real estate is one of the most stable, best performing, and best cash-flow producing investments available.

They would have to transfer that loan on their own balance sheets to a non-performing asset.  

A hydrostatic plumbing test is recommended to be performed by a licensed plumber post Foundation work.

Single-family home sales jumped 14.3 percent year-over-year, with 4,699 units sold, marking the seventh consecutive month of positive sales;Days on Market (DOM) for single-family homes extended slightly from 66 to 68 days;Total property sales surged 15.2 percent, with 5,800 units sold;Total dollar volume rose 17.1 percent to about $1.6 billion;The single-family home median price increased 4.5 percent to $234,000, reaching a January high;The single-family home average price climbed 4.6 percent to a January high of $291,034;Single-family homes months of inventory was at a 3.5-months supply, down fractionally from 3.6 months last January but above the national inventory level of 3.0 months;Townhome/condominium sales jumped for a second straight month – up 20.9 percent, with the average price down 3.5 percent to $186,582 and the median price down 5.2 percent to $149,750;Lease properties experienced a strong performance, as single-family home rentals climbed 14.5 percent with the average rent up 1.7 percent to $1,782;Volume of townhome/condominium leases rose 5.6 percent with the average rent up 5.9 percent to $1,598.

If the schedule slips by one week a make up schedule now must be submitted.The contractor must list all subcontractors he will contract out to and you introduce you and you go over with them can they meet the schedule if not they are out.If this contractor is not performing as agreed send out a delay notice to put it on record in your files.Penalties should be included in the contract for liquidated damages and your contract should say you have the sole right to supplement the work regardless of who's name the permit is under and hopefully the permit is in your name.

Friends of friends or not, that property is a business and it's not performing.

Both perform very well, precisely because Orange County is not oversaturated with vacation rentals.