As of 2 hours ago (1:00pm PST), there were a total of 7 fires:Pacific Palisades: over 27,000 acres burned, contained 11%Eaton Fire: over 14,000 acres burned, above Altadena, 27% containedHurst Fire: 800 acres, San Fernando Valley, 89% containedThese fires are contained:Lidia Fire: in Antelope Valley north of LAKenneth Fire: west San Fernando Valley, they suspect this one to be arson, suspect arrested (saw on one news report)Sunset Fire: Runyon Canyon near Hollywood HillsWoodley Fire: in Sepulveda Basin and San Fernando Valley @Becca F.: Any idea how far south the potential for Santa Ana or similar winds goes?  

That said, it's nearly impossible to find a decent option under $300k in those locations.If you have an apetite for rolling the dice and saying "I'm so glad I bought this ten years ago!"

I'm sure there will be others with their own (and possibly conflicting) opinions, but for question #1, I always advise my clients to focus on properties in areas that 1) they currently (or previous) live in/near, 2) they travel to frequently, or 3) they have family/friends in the area.For question #2, the answer is going to depend on what you do for #1.

Other nodes include Georgetown and northeast Austin near Manor.

Even better, I might be able to snag it well under market value since it's an estate sale that's been sitting on the market for nearly 200 days.Here’s the challenge: while I could afford to purchase the property under market value, I’d be stretching my budget thin to cover the mortgage during the period I’d be remodeling the basement to make it rentable.

This constant worry about honesty and transparency can really take a toll on the property owner. 

Yes, if it is that bad you will have constant headaches. 

Quote from @JD Martin: I would have to see actual data on a median & value adjusted basis to believe that OK is anywhere near Fl on a dollar for dollar comparison.

@Mohamad Guene Investing in mobile homes near a university can be a profitable strategy due to affordability, high demand, and strong cash flow potential.

What are the next steps---BRRR seems like a good method for this- as theres potential for long term renters(near elementary and highschool)Step 1- look for a hard money loan(will they also cover construction?