When the first one I arrived I was so happy - it meant I had truly figured out a formula to generate passive income for myself!

Also I’ve heard from a few people that you don’t get tested on the elective course.

It means that property is in a waterway - an area that the county says is MEANT to flood.

What I meant was instead of buying it out right at the beginning why not just put down whatever you want to keep that cash?

I am looking at purchasing my first rental property and I’m not sure if I should wait until after the presidential election to pull the trigger.

What should we be worried about with this election and California current events?

Also, is the property likely to lose value after the election or at any other time coming up?

Investment Info:Single-family residence fix & flip investment in Longmont, CO.Purchase price: $261,000Cash invested: $40,000Sale price: $325,000Originally meant to be a buy and hold, but my wife is risk adverse & we wound up selling due to the Covid-19 outbreak.What made you interested in investing in this type of deal?

If you made a de minimis safe harbor election, you would examine if any expenditures related to each "unit of property" are less than the de minimis threshold of $2,500. 

I hope this is what you meant, as I'm a little confused about your question.