Start by thoroughly evaluating leads for profitability, calculating ARV (After Repair Value) based on comparable properties sold in the area within the past six months.

He did the repairs and remodel himself.

Renovations and Repairs- The property is  a ~100yr old brick  building and will require some work before its rent ready. 

The partner will help with holdingf costs, closing costs, repairs and get half of the equity.

And I wouldn't be surprised if Mayor Bass is removed as well....the $17 mm cut to LAFD budget and 30% of fire trucks sitting awaiting repair, it goes on and on (not all directly her fault, but hey she's where the buck stops. 

Using these, you should be able to get most maintenance issues addressed in less than 90 days.One other thing, different tenants prioritize different repairs.

Find a renter, qualify them, move them in, collect rent, oversee repairs, re-sign leases, move them out, turn the unit, rinse and repeat.

That HE loan would make you cash flow negative on the first property, especially considering you are not even factoring in any repairs, maintenance, vacancy or management.

However, for me, I would rather just pay someone and not bother with finding tenants, dealing with repairs, etc. 

Hoa said that we need to change/repair driveway otherwise we will be fined.