Quote from @James Leads: Quote from @Alexis Sostre: Hi Alexis, love working with experienced flippers.

I want to ensure this is done in a way that complies with California law, avoids triggering partnership tax treatment, and doesn’t lead the IRS or courts to recharacterize the arrangement as equity.

Class C properties can offer great upside, but watch for surprises like older mechanical systems, tuckpointing needs, or lead pipes—common issues in older buildings here.

Investors I work with also benefit from having access to reliable, verified leads, which makes it easier to focus on the right properties rather than chasing random opportunities.  

But for a first deal, a fixer-upper townhome you hold and rent might be smarter lower risk, long-term upside, and room to learn the game.Focus on comps, off-market leads, and zoning, there’s hidden opportunity in mountain towns.

Joining these can provide valuable networking opportunities and possibly lead to finding a mentor who aligns with your goals.Additionally, consider reaching out on forums or social media groups dedicated to real estate investing.

Two, just drywall right over the plaster and it seals the lead based paint under the new drywall.

You likely have some really good ingrained habits which will lead to you building a successful financial life.  

I'm on bigger pockets in the hopes of finding leads, creating relationships with investors, agents, lenders, and all of the real estate pros of there, and to eventually create a foundation of passive income for financial independence.

., exterior/landscaping while interior demo proceeds).Use a Gantt chart (even a simple spreadsheet) to track trade start/finish, dependencies, and buffers.Daily control15-minute stand-up with GC or project lead each morning (photos + punch list).Two inspections/week: one quality, one progress vs. schedule.Keep critical spares on hand (breakers, valves, GFCIs, common trim, extra boxes of flooring).Tech + templatesSimple tools (Google Drive + shared photo folders, or apps like Buildertrend/Jobber) for scope sheets, punch lists, and photo proof.Use QR codes in rooms linking to the finish schedule for fewer “what goes here?”