Can someone please give a bit more detail about the LOMA?

I can now talk circles around most folks (including 99% of investors) regarding the technical details of renovation and construction.

Are more details needed?

I need detailed electrical, HVAC, plumbing, foundation, etc.

Kiyosaki has a lot more detail in his book that you listed here.

Jake,How about more details.

can you explain please in detail what you mean when you say try to get it low enough to meet my buyers criteria and make my spread while leaving meat on the bone?

If you see a person in bell bottoms and a tie dye shirt, you know that's 70's, and if you see a ranch house with a Japanese inspired entry and a 5/12 or shallower roof, with large windows, situated across almost the entire lot with a large front and back yard and a lot of stone work, you know you're looking at midcentury modern- in my area that puts it firmly in the late 50's to mid 60's.

@Renae Bliss Have you found any new information or details regarding reciprocity license ?

If the agent is diligent about your having all the proper paper work in place is most likely someone who is on top of things and will be very informed when it comes to details.