Because she would have lived in the home for 2 of the last 5 years, there is a possibility of executing a combined section 121 exclusion($250k tax free) + 1031 for the excess.

The owner becomes a fractional share owner - like one who owns a REIT - and has no management authority. 

If you decide to make all the paperwork a good start might be to visit the web of the Secretary of State in California ( http://www.sos.ca.gov/).

Not sure who the original author is.

Excess water usage = your tenants stealing from you, in my opinion.  

I would recommend a couple of other books, very cheap on Amazon and other web sites.That $50,000 would buy you a rental in many US markets. 

Currently anyone who meets the following requirements can be an accredited investor:(1) Any natural person who had an individual income in excess of $200,000 in each of the two most recent years or joint income with that person's spouse in excess of $300,000 in each of those years and has a reasonable expectation of reaching the same income level in the current year;(2) Any natural person whose individual net worth, or joint net worth with that person's spouse, exceeds $1,000,000.You can find the full definition, which includes requirements for entities and businesses, at https://brelion.com/blog/article/Definition_of_Acc...Hope this helps!

This seems excessive to me based on the note from the city inspection. 

So I've come to the conclusion wholesaling is the best option for me, right now.Where I'm at now: I've compiled an absentee owners list from my county web-site, and I'm hoping the data is a little more up-to-date than the list services. 

hi mindy. if your pump is pumping out water, then it is doing its job. the amount of rain water is most likely the issue here. if the water wasn't there, the pump wouldn't be running. that doesn't mean it is not going to give up. if you had to work 24/7, you would give up too. lol. there simply is too much water for it to keep up with. what you need to do is go get another pump. if your crawl space is tall enough, get one of the teller stand up models. you need an " assistant" pump to help out the original pump here. you need to get rid of the excess water and get the level down to a managable level. once the rain stops, if ever, get that grading taken care of and put in gutters and downspouts on the house if you do not have any. good luck and please ask me if you need any further assistance