I added value to the deal by strategically investing $15,000 in targeted renovations, including modernizing the decor and enhancing the property’s appeal with stylish finishes and functional updates.

BUT, refinance/heloc/2nd mortgage appraisals do not have a contract price to help target the value you are seeking. 

If you want me to give you a quote, I'd need to know the address, 1st lien details (type of loan, balance, interest rate), credit score, income/DTI details, and target LTV (can go up to 80% CLTV on the 4plex). 

The idea was if you have 200k you can get one of the properties like Michael shows on his Instagram and target 20-25% cash on cash returns.

Even we knew we can achieve above average from the get go.

I currently own two properties in California, and at 21 years old, my goal is to continue purchasing properties and eventually pay them off to achieve financial freedom.I’m considering two options:1.

I'd recommend targeting the agents that have done most of the sales in the locations you are interested in, they will know the good areas vs bad areas.

High rent growth areas are likely to achieve positive cash flow quicker than low rent growth areas.  5 years for cash flow seems reasonable in many markets.  

Why are they selling if it's achieving one-percent rule? 

What is the amount you are expecting to start with and the geographic target area.