Our company specializes in full-service property management & construction aside from sales as well, so we work with a lot of real estate investors.

People assumed California would be the worst-performing state because the baseline level of affordability was so low.

These items are important so that you can budget accordingly and price the deal correctly.What size properties are you focusing on?

When the 5 years come up the property has been tapped so the next buyer certainly isn’t going to pay a premium to take the property on?

(We're aware of the five year look back period for Medicaid eligibilty but it's not a big factor in our decision to do this.)We would get the house appraised so we can document paying FMV.House would be purchased with cash (it's a small home in a rural area and value is low)Inlaws would sign a lease so that it becomes a legitimate rental and we can deduct expenses, etc.

A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to [email protected] and someone will help you.

I really don't trust the people on the phone to be correct so I switched.

So I am wondering what's the best way to find contractors? 

This is our first shot at a property so we'd really like to get some experience in while also making some of our money back in the cash our refi.

I understand these numbers can vary depending on financing, market conditions, and other factors, so I’d appreciate any insights based on different scenarios:All-Cash Deal: If this were an all-cash transaction, what multiples or IRR would you consider acceptable or ideal?