No is probably the most powerful word in a land lady's vocabulary, especially when it comes with zero elaboration.

As part of your sub2 closing, you should be getting a limited power-of-attorney (LPOA) from the seller, which will authorize you to receive (and endorse) all manner of payments related to the property, including escrow refund checks, insurance claim proceed checks, etc.

I have been focusing on the north powers area but I’m open to anywhere that makes sense.

Thanks for the shout out, @Cara Powers.

@Rachel Fazio generally speaking when a basement floods, you get the water out, remove any affected wood, drywall, carpet/pad and install high power dehumidifiers with fans. 

Bottom line is you have to find motivated sellers AND cash buyers to have staying power in the business. 

There were some restrictions already put in place last year: https://www.sacbee.com/news/lo...Prop 21 would just expand even more rent control powers to the government, IIRC

I thought I wanted to wholesale and make the "quick money" but I already work really, really hard slinging steel around building schools, power plants, hospitals, bridges, etcetera and realized that I want to own multifamily rental properties on my way to financial freedom and eventually my dream homes.

If there's anybody looking to learn and grow and get on this journey, let's connect and get to that goal of financial freedom together! 

Facebook: So far Facebook has been generating a lot of buyer leads using the power of localized real estate groups.