We come from a very rainy place so we're looking for sunshine and warm weather (even year-round warm weather!). 

I would sit down with a lawyer and figure out exactly what you need for him to be an employee, how to cover him, and a contract that includes current and future duties, because we don't plan for sunshine, we plan for horrible tsunami's created by fault lines that end up as life shattering disasters. 

This way I get the beautiful summers of WA and the sunshine of CA.

There are a million reasons for everything, but this type of investor is definitely clouding the waters in a lot of ways.I'm tracking with you on not everything needs to be positive, rainbows and sunshine.

All of those things cost money and should be accounted for in the initial equations or at the very least, a part of the monthly rents should be set aside to build up a reserve amount, but that would reduce the monthly "profit".Maybe this property will be all sunshine and lollipops and I hope it is, but I see lots of potential pitfalls and costs when margins are this slim.  

Hi I am a new member and late beginner from the Sunshine Coast in Queensland Australia with no real estate experience but keen to learn.

Solar Iglesias, Sun-rique, Sunshine Stud I love it when people know their "why".

The room was packed with people from every demographic - first time home buyers, RE investor, seniors living off SS & families struggling to make ends meet…especially with inflation and the always increasing San Diego Sunshine tax/costs. $24/$35k is a lot of money for anyone, but it will be a crippling financial blow to a lot of people!

I agree it is definitely not all cash flow and sunshine and often the numbers don't tell the whole story with a lot of hidden fee's, high utilities, that you end up finding out later.

@Rylan Lacey I've never seen that model until I visited PHX in December (for a hot pool and sunshine vacation!).