So just recognize this could be lengthy process if they default.If it was me, I would take it as a non-refundable deposit with a letter of intent and a purchase and sale agreement that the money is a down payment, is not refundable and they must execute the closing by a specific date otherwise they forfeit the money.

Look up Micron Technologies, it’s a huge $100 billion project.

https://www.ewg.org/news-insights/news-release/2024/03/over-240-california-community-organizations-unite-againstLate in the legislative process the tax was slipped into a 2022 law, A.B. 205, authorizing the California Public Utilities Commission, or CPUC, to add a fixed charge to electricity bills based on household income.

It's now time to take a breathe, collect some rent, and then start the process all over again.

Our market is very competitive, does not matter if you want to rent or buy, quality properties are in huge demand (yes you can have a property in the inner city hood nobody wants..). 

Having someone with experience to learn from will be huge for you.

You will need a U.S. bank account, however, many of those can be set up remotely, and you can start the financing process without it. 

The eviction process took 6 months in CA, 30 days in Phoenix.

To set up a TIC (tenant in common) for a 1031 exchange there is a legal entity and process that needs to take place.

We are currently in the process of moving in the next few months.