Note: Written as engineer in petrochemical field that has to respond to shop fires and help coworker that had garage shop burn their house down.

Additionally, if you are burning your reserves each month eventually you are going to run out of money to keep operating the investment. 

It was for entrepreneurs and it definitely keeps that fire burning strong and now I’m looking into hosting one for strictly Real Estate investors in my county!

He just informed us he has been offered a promotion, nothing is official yet but he wanted to give us a heads up and see how things would work if he wanted to vacate early (he thinks would move in January if takes the job).

.• Cracked tile noted in the shower/tub.Half bathroom:• Slow drainage noted on the sink; recommend repair for proper drainage.DoorsThe locking mechanism on the sliding door does not work properly; repair to restore functionality and promote security.

It seems simply to me, we need to be promoting more development, more supply to fix this so-called housing crisis. 

Get promoted.

If you are extensively rehabbing the property, what if the place burns down say because of temporary faulty wiring? 

The attorney said that unless the police are called there regularly or the house is burning down, I can't do anything, and that once the governor added the 60 day notice clause to the eviction moratorium as a way for landlords to get people out, by selling or moving into the property with proper 60 day notice, she said she had an INFLUX of investors like me who called her telling her they don't want to be a landlord in California or Washington anymore and to liquidate their portfolio, beginning with sending the proper notice to the tenants.I'm right there with him.

He's a Harvard educated lawyer, while I almost burned myself making toast this morning.