-Wholesaling has me curious due to its ability to generate capital for future deals, but I wonder about its effectiveness in the LA market (it's crazy out here to find a deal).

This thread is 2 years old but to be accurate the threshold as of last year is 51% sold before a condo plan can be declared effective.

If you're not refinancing or selling,there really is no effect as it will expire at some point if suit to enforce it is not filed.  

We're looking for our first investment opportunity.From what I know about the Roswell/Marietta to Kennesaw/Cumming area, there is certainly a gentrification effect occurring in what used to be some of the slummier and less popular areas (similar to certain ITP neighborhoods). 

I have a very effective marketing campaign that I send to property owners.

If electric is not being separately metered, then I presume you (as the owner) are paying the electric bill, so in effect, the rents which are being quoted in the listing/advertisement are a bit misleading (although technically accurate) as the rents include utilities.If the boiler is, on average, $250/month, then you are effectively paying about $85/month ($250 / 3 units) worth of heating expense for the tenant.  

This is a really unfortunate issue and can be quite a disturbance when it comes to responding to the effected family.

You're right regarding loss of security clearance, but bankruptcy won't necessarily lead to a discharge, unless it's a secondary effect of illegal actions.

Try this example: You go to Zales and buy a simple engagement ring for $2000, take it home.

The biggest issue with holding costs outside of paying interest/taxes/etc is the opportunity cost - being able to take this money into a new project is huge and we're trying to move this and move on to the next one....I think we're right on the money currently with price - we've gone over the comps many times and feel we're slightly below the market offering a ton of value.....Do you think staging is effective on a new higher end homes?