Now, since you are the owner, you have to pay a hazardous waste contractor $500k to tear the house down to the ground.COUNTY OF LOS ANGELES - TREASURER AND TAX COLLECTOR'S2019B PROPERTIES WITH SPECIAL CONDITIONSINVESTIGATE BEFORE YOU BUYFollowing is a list of parcels with special circumstances, e.g.

One broke the window and another left a pile of poop covered TP in the waste basket.

Only in some cases I pause because I want to make sure the person I’m referring to them is not going to waste their time

I have a business partner and I can see that having an ops manual would be a good way to make sure that we're on the same page for decision making by making us have the necessary conversations on the things that we don't see eye to eye.Automation of tasks is critical to reducing wasted time and improving efficiencies.

Otherwise that feels wasted leads and tied up money.

To refi close to a sale is to waste $4k ish in refi costs and all that qualification pain. 

@Robert Hernandez, IDK, but from my experience letting a rental prospect walk through an available listing is mostly a waste of time and of a lead. 

But I hear a lot of older, more experienced investors say that they wouldn't even waste time on these types of deals and they only look for 4, 8, 12, 16 unit buildings. 

They have wasted time and money and need to start over with a professional or abandon the concept entirely.When you work with a professional firm that specializes in this area, you will generally get the plan setup as well as guidance bundled in with the service, which is why most providers charge more than the $51.25 fee involved with the state filing component you mention.If you were to have success establishing the structure and getting a custodian to accept your LLC documents, you would then need to find a knowledgeable attorney in this space and pay on the order of $400/hour for any questions you may have about IRS rules in the future.

its highly market dependent.. some markets like most of the west coast its a HUGE money game if you cant show up with more than a million in cash.. your pretty much wasting your time.. in other markets there are still deals at 5 to 50k all day long .. so those you have a good chance of buying something.its a good ole boys system. you will see the regulars that are there and dominate.. like in Vegas there are two hedge funds that buy probably 80% of the deals.You cannot focus on a single property as many times that property will not go to sale.. now some areas are different and more consistent..