The problem:  I'm on contractor #10 in Southern CA and so far nobody wants to quote the project!!

I have 0% equity since I just got the home.

Are you hoping for the partner to train you while working together, or would you prefer regular updates on the process?

As for strong rental potential, the more desirable the neighborhood the stronger the rental demand will be.

Early in my career, this really bit me in the tush and I am seeing many investors walking right into the same trap.

I take the report with a grain of salt. 

The only time 75% of the lease should be used is IF the property is NOT yet on the tax returns. 

The listing agreement must include the following:* The agreement's valid date (must be signed within the past 30 days)* Brokerage and agent representing the owner* Signature from both parties entering the agreement* Full property address (including the unit number, if applicable)* Terms stating that you have exclusive permission from the owner to rent/lease the property"The problem is I am not a realtor or broker. 

Old electric, just all the issues.

Otherwise, its all about the owner and a minimum threshold for rental potential.