Hey Stepan,In today’s market, finding solid flip deals requires being more strategic with property selection.

My accountant's office called me the other day and let me know that I could amend my 2022 tax return and claim losses due to Hurricane Ian to a primary residence property and a investment property. 

I would say if those are the true numbers, the place would have sold instantly already.Purchase of $179k and rehab of $150k to get a value of $735k is almost unheard of.Main red flag is that something else major is wrong with the property.  

Everything is "attached" to a property. 

Funny enough, I was going to suggest you move out of SF due to the high cost ;-) I'd suggest going down the SF condo route to start as financing for commercial units is a lot more difficult than residential properties.

Hello,Long time lurker and consumer of real estate investing podcasts, books, and other information from BiggerPockets that just closed on my first investment property - a duplex house-hack.  

Search for properties listed 90+ days.

Why not save more money and look at higher value properties?

It sounds like you have a solid, strategic approach, especially with a focus on value-add properties in appreciating markets.

BTW: most owners that have hired a PMC, don't want to speak with you, much less meet with you in person to hear a hyped-up sales pitch.Also, you want to do rental arbitrage - so, you will need to be properly licensed to manage properties you do not own as required by your state & local laws.- why would an owner want to do business with someone NOT properly licensed?