Most contractors will have a contract that they expect to hold us accountable to, but they never seem to meet their timelines and customers have very little recourse out side of taking them to small claims court or file complaint against their license if they have one (CO doesn't require general contractor to have a license for some reason???)

I'm fully aware that without a job or cashflow, I cannot qualify for a loan, but could my parents co-sign?

The workers need the money and we have not had the storms in Florida we had in years past, so you might be able to get a better deal in 2020. 

Your co-sponsor must also have relevant experience. 

@David Marasow yeah I'm aware of all of that but you can find plenty of cities without rent control, the 5 year CO is 3 units and up and plenty of people still find ways to invest here.  

@Michael Glaspie has a book called 'The Elite Investor - A military approach to real estate problem solving' He is also a co-host of a podcast called 'Military Cashflow'There is also 'Active Duty Passive Income' which is a platform to check out as well.

Everything sounds so positive so far, but here comes our problem: We live in California, which means any property bought by either one of us would become a co-owned property by the law here.So, here are some of our concerns: 1.

I would also recommend really talking about your interest with your co-workers and contractors to find who you could use to help/ help them out with projects to come up to speed!

P.S: I can find somebody to co-sign the loan that have the experience, credit and track record needed.Thanks

As a former social worker, I am becoming very aware that as landlords and property managers we are becoming the first line of defense to protect vulnerable tenants.