Assess the potential benefits and risks associated with each decision. 

Hello ! I'm a 24 year old international student in Montreal. I just moved here in September and have been trying to learn about the different methods I can apply before taking the big real estate leap. The two most ob...

But since we are in CA, I guess it does seem reasonable.And I agree with your other assessment of what I have been seeing.

I have never considered a professional risk assessment.

This will help you assess the potential return on your investment.Out-of-state investing can be done successfully, but having a reliable property management company in place is important.

What is a simplistic software to assess current property as well as keep track of finances such as profit? 

That being said, it might cost you a little more than subbing each trade out but you're likely to make up for that cost on the sale and the time you save by working within established relationships.If there are any major issues with the project you're looking to take on you'll want to take pictures if you can so you can send them in advance so any contractors can bring the necessary tools to assess the scope of work.Take a quick look at the materials you're going to need for the site either on Home Depot or Lowes or something similar so that you know roughly what the cost of materials is going to be.

Also, start by assessing your own living arrangements.

I'd advise to assess the actual school instead.

Multi-family properties, like duplexes, triplexes, and quadplexes, let you live in one unit and rent out the others, which could make you more money in rent.When it comes to financial planning, it's important to assess your financial situation, calculate your down payment, closing costs, and ongoing expenses, and leverage VA loan benefits effectively to enhance your buying power.