So here's the (abridged) story so far...Facts:Purchased Two Family in Belmar in April (Two Single Family Homes on One Lot) Using 203k loan with both homes needing "Gut Job"Confirmed Legal Two Family with Tax, Agent, Closing Attorney, and Seller DisclosureHired 203k Consultant (formal written agreement) to prepare a formal Scope of Work for Project with GC leveraging and singing offThe homes had indications of structural issues (through inspection pre-purchase) and all parties were aware before closingUltimately had to hire Architects with PE in-house to draw plans to repair structures using concrete slabsCalled Local Building Inspector and told him the profile of the multifamily homes and that we found major additional issues when demo-ing | He said he would look to only make sure they were up to current code.Spoke again before we submitted permits to tell him about the project and he seemed "fine" as long as it was up to code and just a repair with no foundational footprint change | No exterior walls are being moved, sq. foot remains unchanged, no floors added.The loan is FHA 203k so one of the units will be a primary residence (actually the back unit)Permits were submitted almost two weeks ago with only simple questions returned so far from zoning (the first step in Belmar)Issue:PE told me that he was surprised that town was allowing me to due to a rehab of this size considering the two-family structure has the "backyard" style home which they apparently no longer like.

NOPE just framing labor  LOL.. when I said really .. we pay 5 bucks a foot in PDX for framing labor he said that's what we charge.. so he was looking for one off homeowner who simply did not know any better.. but on the Oregon coast we did have to pay 7 bucks..

We've also added a 70,000 square foot warehouse conversion project to the docket. 

Renting way below market rent to *anyone* in SF is a bad idea shoot-yourself-in-foot move.

@Denzel Ray Hey at least your foots already in the door and your getting the experience of what it takes to operate your house!

I am going to print out labels and paste them myself.

Find a reasonable deal, have the cash to buy it, manage it well and you are printing money.In the beginning stages you are going to make the most mistakes so try to ensure they are small. 

I'm aware of the larger property managers with national footprint, but am hoping to connect with someone local who is not only experienced but can meet face to face.If anyone has direct experience working with Plushyhost or similar types of larger companies, would love to hear your experiences as well.Thanks so much!

Hi everyone, I am in the middle of renovating a 1600 square foot rowhome so that I can start renting it out.

Roof needs to be replaced so we will raise about a foot to increase ceiling height.