One flip I did, I priced with the comps but they were about 4 months old and the market had already went down so the home ended up sitting for a lot longer than I would have liked.

Renewing and raising rents up to market rate in the area.

Our investor put up cash.

Very humble, hardworking, blue-collar family and they happen to grow up in a part of California that is highly desirable now.

You typically don't want to do any renovations before the 2 years is up...just basic safety and securing the property.#4. 

This means that to benefit from the separation between my personal assets and the company’s assets, I need to establish the LLC in New York State.However, I’ve found that the start-up costs and procedures for opening an LLC in New York State are significantly higher and more complex compared to other states (such as the requirement to advertise in several newspapers for an extended period).

We have over 1200 local members and business members with about 20 meet ups every month.

Im handy so we’ve fixed up the house quite a bit on the inside and outside.

Wayne brought up a good point about the current occupants being able to pay the rent if they haven't been paying the taxes.  

SQ FT needs to be as close as possible, within 100-200 SQ FT.