However it does run more risks of course once you buy it you own it.. as oppossed to buying already rehabbed and tenanted.. then its just making sure you do your home inspections etc etc.I know TK operators that do some pre rehab.. and do it well.. but they are not nearly as prevelant as the standard model now of rehabbed and tenanted. the other thing is a rehab and tenanted you can leverage into it day one.. pre rehab as stated is generally all cash then refi later to pull your cash out.

one of my vendors is going to make a run in Inglewood. he has a specific Niche'

Although I haven't heard of many banks calling loans due (at this time at least), you could run into trouble in the future as interest rates start moving upward.

Hi Connor, This is my understanding on this type of loan.The FHA Loan  is mainly an insurance program by the FHA (government entity) that allows low down payment on the purchase.

Most times, he will cost you more in the long run (change orders, needing more money to finish the job, not finishing on time etc...) and add more headaches.

I do not want to run the day to day operations of managing rental properties. 

forcible detainer show up when running a background check on a potential renter.

I always get them and they are sometimes of value for a borrower with ethics who runs into a rough patch.

Isn't it better when starting out to self manage and then later when you have many up and running hire a management?

The sewer drain pipe from the washer runs outside the home, and connects around to another point under the house, due to the lack of crawl space.