Not only that - without getting too political - given the direction(s) CA is heading, I think we may need to consider other AZ options if this ends up being more long-term than originally planned.

It seems like your head is in the right place and is potentially a good deal (not financial advice).

For those that might holler about liability protection:  we have kept them leveraged with cash-outs, have a substantial umbrella policy in place, and very simply we just make sure we keep the properties maintained and are good operators with happy residents.We are now transitioning into a more commercial space and plan to roll out that LLC structure.  

I know my carpenters were pig-headed and thought they were all tough guys and knew it all.Especially after work...you know, a couple beers and the guns come out.

I need to have an idea of what to look for to not get in over my head.  

Not sure I trust the complexity of the on demand system to last substantially longer than the tanked version.

Also looking to connect with some people on BP thanks a head for your time thanks to you all. 

Owner is unexpectedly in over their head on the property about $30,000 after further review of their foreclosure fees and I want to find a solution to be able to get this headache off her hands. 

As you are getting a mortgage you have X days to move-in so you better be clear on this before you head down the mortgage fraud road 2) Raising rent is a two prong process. 

The only concern I have would be the rehab work, if it wasn't done right you might be walking into a head ache.