Enforcement is usually carried out locally because the feds do not have the manpower to enforce so they grant enforcement to local muni's to carry out.Even if you get away with LBP without going through someone certified you open yourself up to a potential lawsuit by the purchaser down the road.

Contracts with Contractors is very important in the process, having requirements that mandate they carry general liability insurance and sign waiver of liens prior to starting work is important.

Advice worth its weight in gold there, thank you. ;)

I'm sure it's a fantastic purse if the Queen carries it, but what in the world would be in that purse?

It really depends on your ability to carry the water so to speak, if you have no other income or savings or are able to tap into investments that 6 month reserves is an important target to keep, OTH, if you can pull cash in from other sources to cover that same amount, keeping a small operating budget at hand would do.

If people around here such as yourself use it, then it should be worth its weight in gold and saved headaches.

For instance, in CA if you don't have any employees then you are not required to carry worker's comp.

While not familiar with CA laws, most states have made this exception due to the fact that they often take care of seller financed transactions and many times they will carry back commissions and loans are generated for payment.

If the bank won't loan you the remaining $40k, you may be able to find a seller that is willing to carry it back by way of owner financing.

I find there's always a gold nuggets of information in each one and I go back to listen to a number of them multiple times.