Thank you everyone for your very thoughtful and insightful responses.

.: @James Wiseone thing that has been interesting to me is that even as CA's overall growth has slowed / stopped, RE prices have remained high. 

This way if “ strategy one” didn’t quite work out, you had a B plan.B) the property MUST have enough equity…AT CLOSING/ the day you become the responsible party, so that if you had to sell…TODAY… you could at the very least, break even/ sell and not lose your shirt.EVIDENCE TO CONSIDER3) NONE… NONE….

Work with a real estate attorney to draft a formal agreement that outlines responsibilities and protects both parties. 

That being said they have already moved in, and this is the slow season for renting homes.

., property damage) could jeopardize their assistance, encouraging them to be responsible.- Inspections: Some programs require annual property inspections to ensure compliance with their standards, which can occasionally be demanding.- Damage Risk: As with any tenant, there’s potential for property damage.

"What Is The Biggest Risk For 2025" And 13 Other Highlights From DB's 2025 Market Survey"The Deutche Bank 2025 global financial market survey had 471 responses from around the world, and was conducted between the 10th and 13th of December 2024.

Thanks for the response, Caleb.Not a ton of savings that I could allocate towards a BRRRR.

@Kathie Mata   appliance insurance may work in some places, in my area is quite slow to show up.   

I know this is a delayed response, but I recently bought a property in Grandview.