Have you or @Matthew G. considered buying new construction in Orange County?

You can either adjust your offer to match what the existing leases are, or walk, or ask the seller to try to get the tenants to sign new leases(which they don't have to so likely won't want to).

Specifically, the turnover one about if he kicks everyone out at once, the question about construction loans and #1 investor question when he talked about the importance of the property mgmt team.It's the 1st podcast I've listened to and found it incredibly insightful.

My contract has a clause that adjusts the price the automatically.

I am thinking one of the construction experts might chime in with more information but that is my understanding.

I have no experience in real estate but i have some skill in plumbing, light construction and other areas.

I think you need to adjust your mentality as a landlord.

It saved some $$$..I also took some classes at Home Depot on Saturdays(not sure they still do these)...Once you're up and running it's cheaper to use a general handyman for these task...An investor friend works with 2 guys on all his rehabs because he was in construction and enjoys doing it!...

The barricades down at the end of the street over the gaping hole in the sidewalk, locator markings on the pavement there and lack of anyone parked on that section of the street would lead me to think that they may be there for traffic control or to assist in setting up a lane shift for some emergency construction in the area since it appears the hole in the sidewalk is a collapse not a planned repair.

I would think, if it was going to be anything other than a monthly payment your term would need to adjust as well.