in 3 years you can pay off any mortgage 500,000 or less for $1,500 bucks.. or in 5 years a $477,000 mortgage for $100..I am implementing something new for the real estate industry, primarily to mortgage holders & the rent to own industry, as a shorter-term approach to be mortgage free, without cost being an obstacle ..

@Emma Hustis, I suspect most brokerages will not allow their agents to wholesale because there is too much risk of being sued with virtually no upside.

Though I am unsure how I would amortize the up front remodeling costs for P&L, tax accounting.2) Interest only loans term loans -  Would allow current owner to have cash flow on the property, without eroding the asset value. 

I have a very easy and quick answer to your question and it's a no-brainer.Don't buy rentals in California.

And hopefullt you won't need a traffic light, which costs in excess of $100,000, though you will be required to do a traffic study. 

The reason I say this is that no matter what your remodel if you are doing a lot of the work yourself (way to max out equity growth) then maybe look for an even larger remodel than you had thought about? 

No problem.

Kwikset batteries are fine if not hooked to WIFI, but then you get no notice that the batteries are low.Price labs is very popular, but I have no experience with the competition.Good luck

There is really no need for a mentor and most of them are Gurus trying to sell you some BS.

How much does something like that cost over there?