You should be buying every property using the standard formula which is 65-70% of the ARV (after repaired value), less repairs, less your wholesale fee.

Which is safer for the line, and do you mix it with water or just pour it straight in?

I'd like it to be reasonably close (I'll be living in Marin county).Considering my limited capital, I'll need to start in lower end areas, at least by Bay Area standards, but I'd rather not have to bring an armed escort.Some options I'm considering are:OaklandVallejoSanta RosaNapa/SonomaVallejo in particular looks interesting.

Not sure also how many water bills and weed cutting assessments he will be faced with.

This is simple watered down way to do it but at least it gives you a idea quickly on the profitability of the asset.

If it just sits on this small parcel for the building in a residential area on that slope you can do much better.I haven't even gotten into the age of the building.If it's really old you could have to tear up everything to redo the water main into the building.

The Consumer Financial Protection Bureau, created by Dodd Frank, is set to release a new set of mortgage lending standards by January.

I just wondered if there was any sort of standard contract in Michigan I should be working from.

Maybe cracked, or sections of plaster & lath collapsed, or water damaged - but whatever that is, you will have to look first and fix it before putting in the new drywall ceiling.

Lightly spray interior of open cavity with bleach and water mix and allow to dry.