Looks like the storm of the century , how would you protect the property

Just to be on the safe side, I would suggest you consult legal counsel to get a definitive answer regarding this, but if you'd like to read the civil code pertaining to security deposits you can do so by following the link below:http://leginfo.legislature.ca.gov/faces/codes_disp...Hope this helps and good luck!

Ned,Thanks for your reply and yes, maybe I'm over thinking this and I agree, I should definitely consult a lawyer, but I'm trying to gain as much knowledge as possible first before I make steps to pay for a lawyer.  

I probably don't have the level of rehab/fix-up experience as you, but I've definitely dabbled.

I made the mistake of going into contract on one of their "investor advantaged, in the path of progress" homes in Indianapolis through their local provider IndyREI.

Hey Jacob,I have definitely turned down many rentals due to the property taxes eating up significant portion of cash flow.

JMHO.A sophisticated way to profit if you truely believe this area is in the path of progress is to contact owners and offer to buy an option to buy at some present value for as many years as they'd agree to for a few $k.  

I will definitely take a look at the links.

Although I did not retain her because I do not have enough properties to justify PM expenses, I definitely feel her knowledge in PM and drive for results are outstanding.

I want to end up owning enough rentals and commercial building to live off of so I can start working on my other company full time and not having to work for someone else.What path has the best chance of getting me to the path fastest?