And is there any special requirements or students renting off campus?

Hi all, I'm based in the Los Angeles & Orange County, CA area and am interested in flipping homes.I have one quasi-BRRRR deal under my belt.About me:-Former Fortune 50 Commercial Real Estate Banker, specializing in distressed assets (restructuring/modifying notes, pursuing guarantors, foreclosing on assets)-Varying degree of experience in legal remedies (mediation, arbitration, bankruptcy etc.) with inside/outside counsel-$500,000,000+ RE transaction experience from west coast thru the mid-west-USC Business School Alum w/concentration in Real Estate Finance & Development-Licensed REALTOR in CA-Hands-on experience rehabbing real estate (full kitchen rehab, flooring, painting, spraying texture, removing load-bearing walls, bathroom rehab - have pictures from BRRRR project)[QUESTION] What is the proper approach to seeking a local mentor/partner on BP?

If someone is a landlord, hit them with the "tired landlord" special... tired of those tenants, toilets, taxes.

Some lender will accept transfer to a single member LLC that you own 100% some won’t.The transfer by itself is made with a warranty (or special warranty) deed as a quit claim may cause title insurance problem.In some state/counties this transfer may trigger transfer tax or reassessment of the property value for taxes.

Capex would be limited to the condo association or future special assessment which are unknown.

I have heard that inspectors need a special certification to inspect that stuff.

Electric, gas, water, sewer, garbage, internet, cable/satellite TV are all on the list.

There are 20+ CPAs and accountants on this site that specialize in real estate taxation.

I would use the comps as a broad guide, but then verify the data with a broker who specializes in a certain area.

South Carolina is really good as well specially if you go to small towns outside of big cities.