So when I first got started I spend a few months learning various markets that could meet my cash flow needs and after I found a market I liked, I pulled the trigger and built my team over time.

Unfortunately, some people don't listen or they pull the trigger before they even look into anything.

Property values in this particular community have been going for around $45-$60k depending on the overall condition and total square-footage of course.As I am currently searching for a hard/private money lender, I thought I could set the ball rolling with the little cash that I have instead of waiting on a $100k+ property that I would need some sort of funding resource.I am this close to pulling the trigger on this one but would appreciate some input if there is something I am overlooking.Thanks.

I work in Risk Management and Compliance and I am quite analytically focused but at the same time I am a strong advocate of taking educated risks, believing that through proper mitigation strategies and due diligence you can to some degree limit your losses.

It may be as simple as a Code Compliance Violation on behalf of the county.

That means if I die, executor can trigger repayment of deposit without probate when/if necessary.

Well after reading a lot and trying to understand everything, we decided to just pull the trigger!

Depending on whether you gift it to the business, loan it to the business, sell it to the business, etc, will likely trigger taxes or at least tax filings.

I'm pretty sure it's in compliance with CA state law.

But it sounds like you may be new thus you may not have ready access to the professionals you need to pull the trigger fast.