The billing statement was for around $3,000.00 but that is always the best outcome because the variance process is timely and will ultimately cost more than $3,000 when including legal fees, new use permit applications etc.

Hello All,I just thought I would introduce myself, my name is Cyndi and I hope to learn a thing or 2, about real estate investing in a very high cost area. 

What about for rehab costs?

This is something I'm considering getting into - and would like insight on:- Cost (what to expect for price per sqft)- Book / Podcast / YouTube Channel recommendations Trying to learn as much as I can - looking forward to getting connected!

Say your rental is worth 100k, pull out 70k, find a property for 40k, and put 20k into, and 10k into holding costs and extra buffer.Refinance that rental at say 100k,at 70% LTV and get 70k back. 

If you househack, you will learn costs and how to rehab a house.

I would recommend getting some trustworthy eyeballs on the property to verify that the issues coming up are valid and the costs are in line.

She has stated that she will not file an insurance claim and instead expects my company to be responsible for the cost of repairs.

Mortgage liens are generally junior to government liens, therefore, additional diligence is necessary to ensure that those liens are not on title or that you are accounting for additional costs when purchasing the property.

The problem is that I live in California (which is cost prohibitive for me currently to "buy local") and must rely on remote management that is local to the investment area.