Typically site costs and major soft costs (like entitlement fees that are charged by the permitting authority) have little room for negotiation.

Other authors have written here about that moment when you first have the cash in hand.

It's also helpful to go ahead and enumerate the Trustee's powers in the deed so that you don't have people (title agents) asking you to show them the trust in order to find out if the trustee has authority to act on behalf of the trust. 

@Taye Nguyen is correct, the building official has the ultimate authority to make decisions. 

The idea is that if you pay tax to the foreign tax authority, then you claim it back as a "foreign tax credit" (FTC) from your own tax authority.3) a circumstance where the tax treaty doesn't work, at least in my situation, is if the property is held in a manner for which the two countries see the income as being of different types.  

not sure how it works in your are but where I live water is supplied by a county authority, and I can contact them to have water service changed from on meter to multiple meters. 

It's in their interest to fill vacancies, even though you my opt to continue with it.You have two diverse methods of working with a PMyou sign the contract and hand over the operations to them.you require your authorization for every decisionIf you're pay the bill for the PM, then let loose, close your eyes and collect the income. 

I have written a book on 1031 exchange and syndicated real estate, and am widely considered an authority on the subject.If you are concerned that my posts are repetitive, it is a requirement in the securities industry that we be especially careful regarding sharing information on private placements (DSTs) publicly.

Then you rent it, then refinance getting your cash back out, then repeat, sounds easy, but they left out general lending requirements because the author really isn't aware of financing pitfalls.First, your example, 150K is in a dream land, 35+35=70 with a more realistic range at that auction price would be an after repair value of 87,500, certainly not 150K as it would likely sold at auction for a higher price.

Also, I recommend the estimating book that BP has (I'm the author and many of the examples are from Atlanta):http://www.biggerpockets.com/flippingbook