I can't speak on how demo is done in certain states but from what I could tell you being a license contractor here in NY and you being in NJ which should not be much difference is do the following steps.1- have them demo and take everything plumbing and electric.2- the only scrap metal you should keep is copper, but also negotiate with the demo grew to reduce some cost if they want the copper, all other scrap metals are not word it.3- has for the electric, just have them leave you 2 plugs because that's all you need until you update all your electrical. mostly all power tools are cordless so I doubt you will blow a fuse and you don't need any light because you work will be done during the day.ALSO NOTE: do not have anybody mess/touch/remove with any electrical panel or any electrical box, leave that for a license electrician to do because thats a big safety issue that could bring a lawsuit if a non-license electrician gets any injury for attempting to do so.

ANY title company can provide (frequently for free) a monthly list of NODs and NTS.I ask for an electronic email distribution and that could be fed into Excel

Floors have been my biggest issue thus far.  

Are there other issues I'm not listing?

@Victoria CreightonPro-rata rules apply to non-deductible IRAs-an IRA where you make annual non-deductible contributions.So as long as you don't have any non-deductible IRA contributions, Roth IRA conversions are neither subject to the pro-rata rule or the 10% early distribution penalty at time of conversion.

But, at some point, you have to trust people.I also agree on the potential issues with the current tenants showing the property.

Baring any major unforeseen issues would allow for a bigger profit on a flip.  

Hello Folks -Just want to run a situation by everyone here and get some thoughts.   I just bought a multi-family in tenant friendly MA.  One tenant still has not paid September rent.   Spoke to tenant and was told Sep...

My issue is, that I have run all of the exact numbers using the rental property calculator to analyze my house.  

Hi everyone, I have a home inspection scheduled for this Saturday in Paterson. The seller explained that the tenant might give me a hard time with the inspection. Reason being that the seller told the tenant he was go...