We have a few markets we target outside of California, but obviously if you want to stay close to home, Sacramento would be an ideal choice.

If you added in the cash you should have to protect against contingencies, the actual return goes down (or the risk sykrockets, your choice)- If the $300K properties cashflow, definitely a better bet. 

As best as I can tell on both sites, the algorithm looks something like this:Cheapest price>least restrictions (cancellation, # of days minimum, etc)>Premier/Super host>Review Scores>Most discounts (weekly, last minute, etc)>Regular revisions

So, we felt we had no choice but to stick with this guy.Move on to the end of June. 

My husband is also a licensed realtor with Premier Point Realty.

They have the money so they get to make the choice.

Your choice should align with whether your goal is quick resale or long-term rental income, and you should consult lenders who specialize in both DSCR and rehab-friendly options.Best regards, Stevan

@Joshua Lanzieri when renovating older properties there are almost always negative surprises.Go watch any HGTV renovation show and most of them will have this as a cliff-hanger, forcing the choice of either going over budget or cutting back elsewhere.10% overruns happen often, but 50% is NOT acceptable!

Look to other members suggestions and, definitely interview your Realtor choices before going headlong into an agreement.

This can be very expensive and is usually the worst choice because you can't justify the cost.2.