The majority of mistakes I see people make result from being impatient because they need things to happen NOW because of the lack of reserves.

There is a factor called Cap Rate that is market dependent and it plays an important role as it can change the value greatly.

Since I am not handy nor do I deal in major quantity of flips I would think my costs on doing work has to be much higher than you flippers out there.

Figure out what knowledge and experience you plan to bring to the project and what role you plan to have.

Thanks for the reviews; I'll submit a new application to buy a major fixer upper & then get a loan to rennovate it.

Also due to major medical bills my Ficos dropped to 700+- though after working with them my current ficos are under 800 and should be in the low/mid 800's again pretty soon!

I know very little about what you mentioned, but I know they are working on outlawing rent hikes tied to major apartment improvements.I recommend earning money in New York and then getting it out-of-state as fast as possible.

The second pillar is a good insurance policy as that cover the majority of your exposure.

If you don’t live at your home and are staying with someone else who is renting a home so you don’t have a primary residence can you rent your house out the majority of the year through Airbnb and keep a Homestead exemption

I will be staying in Westminster for the majority of my stay, but have multiple lunches/dinners lined up in LA county, Irvine, and Huntington Beach.