In California, with activist judges, and attorneys who may choose to take certain cases based on let's just say physiology versus money, to me it presents more risk- which is why I do not operate in California.

The $16,000 renovation budget presented a clear opportunity to add value.

The $20,000 renovation budget presented a clear opportunity to add value.

Document these improvements and present them to your insurer.Working with an insurance broker specializing in multi-family properties in California is crucial.

Our concern with this is that our current primary is across from the best school in our area on a cul-de-sac lot and we feel it will continue to grow at a high rate and don’t want to miss out on that. 

@John Guillory I personally believe that its the way in which you are presenting yourself when you talk directly with the homeowners that gives the "shady" terminology.

@Ariel Gonzalez, I will also note that while there is a lot of very sound advice being presented here, including my own comments, none of this is actually measurable.  

Even if there is no sign and tenants are present, a poorly maintained exterior is a good sign that a building might be buyable.

Jay -The seller presented me a signed counter offer and my professional JOB is to submit over any documents to my clients as soon as possible.  

The numbers presented were conservative numbers and the total profit so far this year on the Turo side of things is just under $3500.