The homes in the development have actually depreciated since they were built based on tax records and recent sales even despite the hot Houston market. $374k brand new to now $345-370k, most recent sale probably $370k, but average probably $360k over past 3 years.Anyone have experience renting out similar homes?

So, make sure that you call the appropriate agencies to make sure it was done properly.Also, when you are done with the rehab, rush down to the recorder to submit all of the completion paperwork because California has a stupid law that makes it possible for sub-contractors to put a lien on your property if your contractor doesn't pay them even if you paid your contractor.I almost got hit with this situation because the electrician called me and told me that he was going to put a lien on my house if I didn't pay him.

When I check my CPA's records for my books I found that my CPA's records were $30,000 off.

The property was recorded as a 3-1 1400sqft, but when we got in it is a 4-2 1800sqft.

Come to find out that there is no recording of the deed with the county when I refinanced it in 2011.

Get with your CPA to see that you are on the right path in keeping records, doing it properly and avoiding tax fraud. 

If you add to a lets say 100 years old building, your new building will be years old in the county records. 

If you're not in a community property state, a community property agreement should be a pretty simple thing to get recorded in your counties. 

I think you have to cultivate a track record of closing first, then network to everyone you know with a short concise elevator pitch of what you're looking for and how quickly you can close.

Elon Musk is on record stating Tesla almost went bankrupt numerous times.