The only way I can see to buy an asset without the usual DD items is if you know its a deal even under the worst case scenario or its part of a portfolio and you have to take the good with the bad. 

I have been quite successful, but the job keeps me away from home, more than I would like, as I have to physically visit the properties, have face-to-face conversations with the landlords, etc.

I have been quite successful, but the job keeps me away from home, more than I would like, as I have to physically visit the properties, have face-to-face conversations with the landlords, etc.

I am using a split transaction to itemize the expenses/proceeds to total the selling price, correct?

There are many BP members who must have awful 401k plans with no match for all the hatred we hear towards them.If you are not going to be working and your taxable income will be low for a period, you may want to consider a Roth conversion ladder to allow for tax free distributions of 401k account balance.

Can those who use this 'rule of thumb' stir up some conversation and defend your rationale?! 

Document everything - no "in person" conversations. 

That's why removal of affected items and deep cleaning of all surfaces is the first step and most critical.

Hi,   Does anyone have a recommendation for a multifamily General Contractor who can provide a quote on capex items for a 107 unit apartment complex in Pensacola, FL?

Even if you're not from California and would like to share some stories, I'm all ears.I am not seeking out a mentor, but simply seeking out some discussion and conversation.