Also I have not worked out the financing yet. if I just use my cash then the Cash on Cash drops to 8 or 9% and that would be below my Cash on Cash target.Generally speaking and of course just numbers I picked out of the air for reference when running numbers in my head, I am looking for Cash on Cash greater than 15%, high probability of long term occupancy, and no expected major Capex for 2.5 years after purchase and purchase time repairs which I would add into the cash on cash evaluation before pulling the trigger.So there are some more details to be worked out in my head but being it is my first one and only learning what I could from youtube videos I thought I would get some feedback.With all that said, in my head it seems like it could be a good start.Thanks again Jaycee and Gavin for your feedback.

I highly recommend finding a broker and have them find a policy that meets your specific requirements.

Also, providing value to others at a high level will pay off for you in the end if you stick with it.

If you are in the Tampa area and plan on purchasing there, I highly suggest you connect with @Josh Green.

Rents are high and demand is high. 

We pay $850 for a WH install, so, that seems high but you are in CA.

But wanted to say that I highly recommend checking out REIA for Oh and/or Cincinnati and Dayton.

By targeting better locations, leveraging Section 8 for consistent cash flow, and balancing low acquisition costs with high guaranteed rents, you've achieved impressive results like $1,100 in net cash flow on a single property.

Low LTV, 30yr fixed @4.5% personal (1)• Investment condo - new const. high end purchased w/1031 (from 20yr quad) in 2019.

Is my thinking correct that homes in highly appreciated areas won't benefit as much from Cost Seg.