I want to create a safe and healthy environment for my tenants so I knew an extensive renovation is needed.My property is located in So California so following the state law I gave my tenant a 60 day notice to vacate.

Also, while everything is off I plan on setting up mold foggers and clean the rest.I have been doing some reading about the mold and the EPA website, but I do not see anything about regulations on mold that make you test for it.

It's easy to get yourself revved up in the auction environment!

Myth, don't rely on that as you need to look to state law, the intent of use, the maker's business use, property type and how regulators will slot or classify the loan.

Long-term we want to transition into rental property so we can enjoy the benefits of passive income.Bigger Pockets seems like a great environment to learn and grow in this industry, I am excited to be a part of it and will do my best to contribute useful content.

Do “contamination” and “environmental regulation” give you indigestion?

Careful attention to compliance with the NFIP regulations for flood openings is important during design, plan review, construction, and inspection.

My point is that individuals are under different legal constraints than any regulate or registered lender, including pawn shops, finance companies, etc.Charging points is requiring per paid interest or fees to pay to make a loan, individuals are looking at loan sharking and extortion implications, besides usury laws that can be different for an individual.

LOL, you're new, need to understand RE is regulated, financing is about ten times more regulated.

While those business are far from perfect or risk free, they are much more highly regulated than rental real estate.