HVAC move to attic to replace package unit and other side replace fan and heater for about 20k8. redo plumbing work 20k9. spent 10k to fix sagging floor issues by putting concrete blocks in crawlspace.There is big neglected strip mall in back as attached with loud noises and some weird smell of tobacco etc. also has big dogs barking at people even if I go to the corner of my backyard lot.There is one bad neighbor who has big dogs always barking who elevated his backyard and rain water runs naturally towards my sideBig trees other side in neglected waste land which I think belong to strip mall owner behind and city also pushing some rain water in to that waste land.I am in dilemma now1.

One day I get an urgent text message from our tenant that one of the trees is on its side leaning and wanting to fall into the neighbors home!

The property next door to this one I own 50/50 and went out to cut down a tree that our tenants said would fall on the neighbors home.

Cherry-picking rehab costs won’t give you the full picture since everything ties into existing systems, permits, and infrastructure.For a garage conversion, you’re adding sqft  which means extra costs for HVAC, insulation, electrical, and possibly new windows or structural changes.

However, 80% is typically available as a rate/term aka limited cash out refinance (cash out just being used to cover closing costs and prepaid items like taxes/insurance).Your phenomenal DSCR is just a cherry on top. 

The wood harvested back then was much denser from older more mature trees.

Some markets to check out: Lake Tahoe (high demand but strict permits), Sonoma/Napa (wine tourism, tight restrictions), Gold Country (lower buy-in, seasonal demand), and Mendocino Coast (beautiful but limited STRs).SoCal spots like Big Bear and Joshua Tree tend to be more STR-friendly.

Dollar Tree is down 48%. 

Property amenities include a secured lobby with telephone entry, central elevator, trash chutes, two stairwells, expansive landscaped grounds with fruit trees, 73 surface parking spaces, and a quiet residential setting.

.✅ Clear the site—haul off junk, trim trees, and clean up the yard so you can actually see what you’re working with.Get this step right, and everything else will go a lot smoother.