Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

I apologize if this has been brought up before, but I couldn't find anything to tell me my idea was good or bad yet.

They also felt that the deal was still good enough and brought $5,500 in certified funds to closing. 

In my experience, retail sales and the use and occupancy certifications that are required by townships and citys at the sale, do not require existing work to be brought up to code, its that any new work done must be done in meeting all codes and regs.  

Now, if the question about optimizing the debt were framed outside of "good debt," you would basically be looking at two schools of thought often brought up in the Personal Finance community.

Being a first time home owner has brought its challenges, but also an opportunity to gain firsthand knowledge and skills.

The deal was brought to me via Lead.

Yes, I brought my GC with me the second time.

When I started flipping I brought in 3-4 licensed and insured roofers and they all bid the exact same price (came out to $350/SQ).  

Also, when I brought the subject of being able to do this on my own vs. doing it for the company, they brought up earnest money and how in California, wholesalers *must* put down 5-30%.