What you do to provide actual safety to guests is going to be key.  

The problem is, none of it is based on actual comps, and again, the word "cute" doesn't have anything to do with setting those numners.What you need to do is a full analysis of the comps for both rent and sold in your area. 

I would be surprised if my underwriting would show only a $5K/month negativeIs it San Diego city or San Diego metro area but not the actual city?

There's actually some deeper nuance here than just the holding period. 

My plan is to buy the house subject to their existing mortgage, renovate the property, refinance it and pay off their remaining loan balance using the money from the cash out refinance.

For example, if you're planning a kitchen remodel, get multiple quotes to ensure you have a solid grasp of what it will actually cost.3.

I reached out to only 3 two got back and 1 I was actually able to have a conversation with.

Let’s talk strategies to help all of us keep more of our hard-earned money!

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

Purchase price: $125,000 Cash invested: $65,000 Sale price: $250,000 Wish I could have held onto it but needed the money to fund future deals What made you interested in investing in this type of deal?