You can still sell those one by one on the open market. 

Your way around it if it is fix and flip is to just do work that will increase the appraisal: improve curb appeal, enhance the kitchen or bath, or turn it into an open concept.

Hi,We're purchasing our first property to turn into an AirBNB and were wondering if anyone new of a good resource / checklist of all the things we'll need to buy for it, from setting up WIFI to can-openers. 

The unit I am living in is a 1 BR/1 BA on the second floor of the building...the door to the attic is right outside my entrance and goes up to a big open area that USED to be 2 additional bedrooms, however, it has been vacant for years as there was a fire in the 80's.My handyman took a look and agreed that he could definitely add the 2 bedrooms, no problems...I know egress windows will be a major factor and I am also looking into the heating and electric to make sure it is linked to my unit's heater/panel.What else should I be looking/planning for?

-CapX: $180List Price: $400kDesired Purchase Price: $360kDownpayment: $72kAnticipated Rehab: $10kClosing Costs: $2,88030 yr loan @ 7% ( the middle ground between FHA and hard money)Total Cash out of pocket: $84,880Annual CF (before taxes): $7,127.15ROI: 8.40%So the insurance, repairs, closing costs, and rehab costs are all estimates.I tried to get as close to actuals as possible though.Please let me know what you guys think.I’m open to all advice and criticism.Thanks BP!

Enter a high school friend who has opened his own construction business.

I am open to a chat anytime

I'm open to rehab homes as long as rehab cost is less than $5k, floor and interior paint is fine but not redoing kitchens + bathrooms. 

California will ALWAYS tell you that they get to collect taxes (it is there go-to answer, regardless of the question) and while she'll owe California income taxes, she does not owe any California employment taxes.However, at year end, she will have to file both California and Florida state income tax returns and her personal 1040 will then have to report to California since California has nexus to her business.I guess my first question is, since you are domiciled in Florida, why did you open the business in California. 

No seasoning required for cash down payment**(at least in our portfolio, I’m not aware of other lender requirements)**The loan term is a full 12 months.I’m open for other questions anyone may have!