-It lets you focus on the business side(finding tenants, listing the property, collecting applications etc) with a clear head because you're not trying to do all this at the same time as trying to tie up a rehab.The biggest downsides are that you are going to have to pay a small premium for a property needing very little work and even if it has been remodeled by someone else, you will probably find that you end up doing a nicer job for less money when you manage your own rehabs.You seem like you have strong goals and are very logical.

I check into zoning issues, what types of businesses will be allowed under the current zoning, what happens if I remodel, any code violations on record, what types of businesses have been there in the past.It is good to find out about crime levels and incidents that are happening in the area.I like to check with the fire department to determine if there have been any fire incidents nearby or failed fire inspections.I'm sure that others have more areas they investigate as well.

I've explained to them that I am remodeling a home and we are removing old toilets, sinks, light fixtures etc.

I blame that on her dad who was continuously remodeling their house when she was growing up.

Will,I followed your video of the remodel you did in San Fernando Valley.....

We had planned to, and have since, remodeled both baths, anyway,After moving quickly and putting in an offer on another REO, my DD included getting a copy of the plat from the city.

My background is in remodeling .

They want some cash to travel, remodel new home etc.

The other two are both 2 bedroom 1 bath homes that I completely remodeled about 2 years ago, these homes are in clean updated condition and both show well.

"After April 22, 2010, property owners who perform these projects in pre-1978 rental housing or space rented by child-care facilities must be certified and follow the lead-safe work practices required by EPA's Renovation, Repair and Remodeling rule.