If there's a history for non-payment, it might be good to prepare yourself prior to taking the tenant in - a lot of landlords can opt to take first months, last months, and security deposit.

They already have the funds so there shouldn’t be any issues with getting rent paid on time so let’s test their character.

If so, where should I look and what should I be doing right now to be prepared for when I graduate?

You could cover them with something more durable for tenants to beat up, then refinish down the road if you're ever preparing to sell.

Sandy - be prepared that Oakland realtors typically lis 20-50% below expected close price to drive buyer anxiety and competitive bidding.

We tested this two years, coincidentally at the beginning of the pandemic, and found that only 1 or 2 prospective tenants even asked if they could mow their own lawns - all others were happy that it was included.

Prepare to bring about 20% of the Purchase Price as a down payment.

So like for example closing and title transfers from if i were to just go ahead and purchase the property as the legal entity instead of an LLC, after title transfers would be expensive to my understanding and not needed with proper preparation. 

Quick way to raise capital and test out my potential contractors to build my organization for scale up How did you find this deal and how did you negotiate it?

What’s your guys favorite ways to stress test your underwriting?