It goes on to say the property manager / agent below is authorized to order repairs and/or service to the building.I live approximately 75 miles and it would take me roughly 1:15-20 to get to the property.Adding to the pain....It also says *** New Applicants must complete Rental Property Training within 6 months of application.

Sounds good, Just sent you a message! 

It sounds like you have some exciting decisions ahead of you regarding your real estate investments.Selling your primary home and reallocating the equity towards a new property and additional rental investments could diversify your portfolio and potentially yield higher returns.Best of luck,Julio

@Sean Gribbons we completed a condo conversion and you are correct, the unit sales could not be traditionally financed until the very end of our project.

One company owns everything and does nothing (this is your SLLC a/k/a “asset holding company”) and a completely separate company handles all of your operations (this is a traditional LLC a/k/a “operating company”) For the operating company which serves as your face to the world and through which you do all your business, you establish a Traditional LLC to carry out the operations of your investments.

This is a process that can be done on the internet in a simple manner in most states and there are plenty of  filing services who can complete this task for less than an attorney will charge.

Hi Enos, It sounds like you're off to a great start with your house-hacking strategy in California!

Sounds generally competitive - cash-out 75% on a large loan is still an expensive proposition right now

He likely has an idea of the range they will sell for once completed.

., if the house burns down during rehab and is not properly insured, it could be a complete loss for you. - Rehab financing is less of an issue than take-out (permanent) financing here.