Basements at best appraise for 50% of the value of the main level(s). 

They were not, however, easy to "get" and required skillful negotiation.

The fact that they could take generic aspirin, a generic Tylenol knock-off and drink some coffeee to achieve the same therapeutic levels for maybe 1/5 of the price is unimportant.You can talk to these people until you're blue in the face, and they'll still go out and buy Excedrin when they have headaches.

It is an invaluable skill that will benefit you tremendously. 

I'm still in the process of educating myself about the basics, but I hope to eventually use my skills and knowledge as a builder to gain "sweat equity" in my future investments.  

Great question are you able to just level land and then rent the space and allow mobile homes to reside on your property ?

Save yourself the hassle, and the money, and just pay a skilled tradesman his rate, and he will pay for himself.  

Proposition 10 repeals the Costa-Hawkins act, which places limits on rent control at the city and county level. 

For Sam, and others looking at Vacation Rentals in the Valley of the Sun, I have a realtor who is skilled at evaluating properties for that.

Landlords issuing 1099s.As we know, the requirement to issue 1099s for landlords who operate rentals that don't rise to the level of trade or business was repealed.