Truth is: even rehab costs could be dealt with by estimating super conservatively at a high cost p/sqft and looking only for deals with a wide margin of safety.

In terms of safety, I put our relationships with experienced flippers far, far ahead of any property or the numbers behind any deal.“… I've found some Promissory Note, Mortgage, and Deed of Trust forms that will work for my situation.”Sorry, but don’t be so sure.

Prioritize working with wholesalers and establish strong relationships with wholesalers for a strong pipeline. 2.)

The list includes not only health and safety issues but pretty also.   

I would always suggest putting equity down in a property to achieve several things: 1) better rates; 2) lower payment; 3) safety in a down market; and 4) the ability to pull equity out if I need it.Good Luck!

There are a lot of areas in OC that have hospitals, contract work etc that you can use to have the safety of consistent tenants.

I am assuming it is similar everywhere:- peeling paint- smoke/CO2 detectors- hand railings sturdy and in place where needed- windows open and close properly- heat/hot water functioning as it should- any obvious safety issues

Asked him about bank financial safety.  

Generally PM's are required to take continuing education, which is often focused on new legislation as well as basic "refresher" classes on basics such as Fair Housing and LL/Tenant laws, Fair Credit, and even Safety.

Not to mention getting permits approved would take a great deal of time as they are prioritizing those permits that are for homes/buildings affected by the fires.Thank you both for your responses!