For example, a buyer wants to buy a three or four bedroom ranch house to convert into an assisted living home ... and they plan on a massive renovation in which they will add 3 more bedrooms, 2 two baths, and a sprinkler system.  

I really don't know what to do in this situation, and I need some help. This is my first property, and I use a property management company.
This building is an old (1920ish) 6 unit multifamily. It's C class probably....

It is a great way to save a massive percentage of your w2 income for future investments and live for free!

I think we're going to see less spending, and that may well hold inflation in check.If the feds can't stoke inflation to make it easier to pay down the massive debt taken on by both this administration and the previous one, I see significant tax increases.

So if you are not careful, you can face paying some massive rates for flood insurance.

We continue to work everyday on this ... and love bringing a massive level of value, and consistency with our properties and the way we operate as a team.

Since he is the beneficiary of all the policies, he controls the money and has the option of writing someone out of his will if they don't demonstrate fiscal responsibility.

Quote from @Nick Barlow: @Andrew Hogan because the ultra rich consistently have spare cash as an asset, meanwhile on BP there is one post per week inquiring how to “invest cash reserves” …ya know, those holdings for short term emergencies where the timeline for compounding is comically irrelevant…for the best returns.The ultra rich also aren’t W2 wage slaves, and as others have mentioned, focus on preserving assets, because they already have the scale needed to be FI.It’s a great point you’re making, thanks for posting  @Nick Barlow, it's crazy how Apple, Google, Amazon, and the other largest companies in the world all have massive amounts of cash reserves but find ways to invest and grow with OPM "other people's money"

Find a good intermediary and don't go with one of the massive countrywide companies.

Going from SF to a $1M apartment is a massive jump.