If you are covering the rehab out of pocket prior to financing perhaps supplying material yourself rather than eating the contractor markup on it might be worth looking into.

The exceptions seem to be if a person buys a radio, television, or cable enterprises (475.011(6)) or the person is an employee of a public utility (475.011(3)).

After chatting with a neighbor of the house, discovered that a couple of squatters are occupying the property and have been living with utilities turned off.With the tenant laws in California, is this property even worth pursuing?

Also, you will have really high utility bills, because your guests will leave the heat at 75 degrees with the window open.You will also have to either get a management company or deal with marketing, reservations, contracts, receiving payments from guests, security deposits, housekeepers, maintenance, keys, etc yourself.

Phil's training material is good, but i can't say the REI matcher is worth here in CA.Larry Chafe

It might be better to hold off of the LLC; however, you might want to consider utilizing a partnership between you and your wife if you're married.

Sometimes liens aren't found initially when the preliminary HUD is submitted to the bank for approval (such as a utility lien for a few hundred, a city lot clearing lien, etc).

Between the podcasts, articles, and forums there's so much amazing material to keep one occupied than time available.

The utilities are not on in the remaining units--nor can I have them turned on any time soon.

LOLI'll make a guess, Materials, DIY, electrician dropping lights, $2,800, 2 semi-skilled guys, 1 finish guy, 2,500, contractor add another 1,500.