Health and Safety Code Section 11571.1; California Landlord-Tenant Practice, Section 3.7 (Cal.

Will that be filled with promos in the future?

You need Tax, Flood Zone, Property Code enforcement, Sherriff, Evictions, Collections, Closing Attorney, Litigation Attorney, Rent Collection, ... collect forms like applications, property inspections, etc.4) STUDY:  Know these things Insurance Company, how much for deductible, difference between ACV and RC, and how long can they be vacant? 

I did try a few that was listed on bigger pockets but some are not interested in lending in my zip codes that I do investing in, others maybe don't like to lend under 100k as  they just never get back to me.   

However, I stumbled on an excellent article outlining these requirements from a tax code and tax court perspective (http://www.forbes.com/sites/anthonynitti/2014/07/09/tax-geek-tuesday-the-irs-finally-figures-out-the-real-estate-professional-rules/#699c23d84760) and it has led to a question or series of questions that I would like to pose to the community as I want this to be airtight.

There are all kinds of options in Memphis that can allow you to remain passive and avoid some higher priced homes. 38117 & 38119 are great zip codes in Memphis to buy, fix up and flip! 

If you'd like to help these borrowers before their NOD is filed, reply back to me with the states, cities, or zip codes that you would like to target, if you are telemarketing or direct mailing and I’ll run a count to see what’s available in your area.

This is done by code enforcement who has really no experience/background in construction. they're cops!

To further protect yourself, you’ll want to disburse your money using progress payments and make sure construction is being done properly, per code, and with permits.Jeff

Turbo tax is fine if you know the tax code.