Since I've been told the insurance market is really tough right now in California with most of the big companies (Nationwide, Allstate, State Farm)  not writing new policies to new customers, I'm trying to do a change of broker to a different Safeco agent.

This assumes the market rent for the unit I will be moving into.My goals from entering real estate are 1. add diversification in my investments (right now heavily invested in stocks) and 2. house hack, so that tenants pay part of the mortgageIn my current market, I have two options: a. buy older houses, renovate, bring the rent to market --> this will cashflow, but needs a lot of time investment which I don't haveb. buy turnkey properties: --> renovated and already occupied by tenants but may not be cash flow positive.I found a property that's type B.

Finding the right property that targets an audience will be key.

Bigger Pockets has lease agreements by state that you can purchase for $99 right now.

I worked with Fund & Grow and have gotten a tremendous start with my business, based on the $67,000 support Brandon Kroon provided. 

My strategy right now is to sell the land to a real estate developer to develop the home at a steep discount ($150,000) but make a claim on the stake of the overall project to get my remaining money back, plus the profit of the build. 

Look at real estate professional status closely, this area of the tax code(section 469) is where I think If you worked with the right real estate-focused accountant you could save 100s of thousands of dollars. 

Looking for the right lot for this project in the state of FL.

I’m not looking for advice to see if this would be profitable or not, right now I’m looking for first-hand experience with allowing guests the use of gym equipment and the liability that may come with it.

We bought a rental house in Alabama that had been a foreclosure and it was still during the 1 year Right of Redemption period when we bought it.