You may want to also pull out statistics in project cancellation/project shutdown due among other things, State induced strict compliance to the letter, contractor's compliance and liability costs (biggest reason why significant California contractors are put out of business aside from tight competition), it's just next to impossible to earn contractor wages based on economic conditions (that being current prevailing economic depressed consumer wages cannot support re-construction costs or that wages to property modification ratios is not sustainable in long term basis), indicators, and indices (unit labor ratios, material integrity and application ratios, Local, State, and Federal (labor, occupational hazard, environmental) compliance costs, and certain and uncertain risk factors.

Avoid o/o residential and/or consumer purpose residential and 80% of the legal issues go away (for non o/o , non consumer purpose residential).

In fact, you should get more favorable prices with these contractors, vs those who are used to doing high end specialty work for the average consumer.2.

For the hot water tank, if there is two, then its theirs too.Besides property insurance and water/sewer, I think all common areas, landscaping, and in some cities maybe even trash (check your local area).As for consumables like light bulbs, I consider if its inside the unit door, its theirs. 

The negatives is that this is time consuming as you have to occupy the house for 2 years for the capital gains protection, 1 year for the mortgage good faith.We didn't do this as we preferred to keep them as rentals as we have made more out of rentals than we have if we sold them as flips.Good Luck!

As I have calculated, home prices corrected for Consumer Price Index inflation nationally were nearly flat for the century ending in 1990.  

The proposal is to raise capital into a already formed non-profit organization which has been doing consumer credit counseling in the past through a joint venture.  

Hi All,I'm looking to buy my first multi-residential/commercial property but so far it's been very challenging and time-consuming to find a great opportunity.

@Jason Eyerly   I wonder how that lending club is going to do over time.. seems quit risky its unsecured consumer debt.. your basically a credit card company... why don't you just keep your cash for now...nothing wrong with having those funds.. buy REITS or index funds that are liquid there are always deals...

Sooo you may just not be in need of any mortgages at this point, but don't tell my management I told a consumer that fact.