Travis:We provided the engineering report (which was stamped by a Texas registered engineer, the stamp carries a lot of weight) to the buyer to give them comfort that the foundation problem, while observed in some visual evidence of settling through wall cracks at corners ect., was not severe and could be dealt with one pier.  

Many young people looking to rent vs. buy also like the Kamm's Corner area of town, which is just east of Lakewood. 

I've built-in my PM's new lease fee every year (assuming I have a new tenant every year) and it averages out to about 16%, I don't cut corners when it comes to estimates because it never hurts to over-budget, the reserve funds are still yours at the end of every month and you didn't incur any extra expense. 

The house is newly remodeled and located on a large corner lot.  

Kitty corner to this duplex is a double lot that has 8 units (4 units per lot) that was done prior to as severe parking regulations (my family owns the unit right next to this 8-plex and directly actross from the duplex). 

There are numerous.This is one of those examples of getting involved with things that a lack of experience can really back you into an uncomfortable corner.  

Personally, I like to ensure that I do what's required by the jurisdiction, as cutting corners can cost both in terms of time (when I get a stop work order) and liability (something bad happens in a house I rehabbed and it turns out I cut corners or broke rules).Now, as for hiring uninsured contractors, I suggest only doing this when you have your own insurance to cover the workers (liability and workers comp) or when you're willing to risk a lawsuit.

They have been great for 5 years with a huge oak tree with branches over the corner of our home.

Anytime you're over in that area let us know, we're right around the corner.

Alberto Urena investing outside of Alaska can be very lucrative but also depends on having a good team in your corner watching your backside.