The root cause was it was never installed correctly.

I wont let the deal go...Your are also correct Brian Gibbons in the "fake it to you make it" I'll never get good at this stuff if I never get the first one out the way!

The other's are correct, finding flips in OC THAT CAN MAKE A PROFIT is tough.

To follow on Ned Carey he is correct that the asking price is not indicative of the purchase price available.

I just inspected a property yesterday, and got my first real look at it.Here is the information:Asking Price: $15,675On the Market: 79 DaysComparable Comps: 25-35K (I believe this to be a little low right now (The area just a few years ago was roughly 55-65K)Expected Rent: $500 to $600I did not factor in Closing Costs, but I figured a $7,000 bid offer with a contingency for inspection.Since most of my cash will be used up in the initial purchase, I plan on using the property as collateral to secure a personal loan for $12,000 at 7.5% (Not sure if this is too high) over 5 years.I assume that I got the COC correct?

@Will Barnard, when we were in Huntington Beach it was kinda windy, great waves made beach views, beautiful!

@Jacob Chaney @Wayne Brooks is correct, you will probably need to merge into one lot.

Ky If I remember correctly you are buying a 100 unit in the Carolinas from another post you made.Your attorney who might be well versed in contracts will not have the knowledge that a commercial broker has unless possible they are an investor themselves.Doing contracts is one thing but being in trenches transacting deals is quite another.Is this property currently vacant, 50% occupied, or 100% occupied.

Glad you are back at it.If you are taking on an investor/partner, then you want to structure the LLC with the correct operating agreement.

It appears the breaker is working correctly, a space heather pulls 12.5 amps alone.I would check it with a amp meter without the heater/blow dryer then turn it on and see the max amps.