Thanks David, I want to start off local so first thing is to study the market and see which parts of my town have a lot of homes needing repairs as well as moderately high rent prices to maximize my ROI.

Purchase price: $68,000 Cash invested: $70,000 Sale price: $195,000 I purchased a long-term rental property from the MLS that had multiple contractor issues and significant delays.

Hello, BiggerPockets community!
My name is Jay I'm excited to join this platform as a new investor based in Charlotte, North Carolina. With one successful flip under my belt, I'm eager to connect with fellow investor...

The larger the purchase price the greater the spread you need between purchase price plus holding costs plus rehab cost and ARV.  40k projected profit on a 600k project is too skinny for me. 

But if the property has been sitting, you might want to take a step back and reassess:•Is the price competitive?

Not a full fledged house hack, but enough to take the sting out of the rate we got.Not all of Citrus Heights is the same, but the area near Fair Oaks/Orangevale/Carmichael has a good balance of price and quality.

In the unfortunate event someone passes away and the property transfers via probate or a will, that fair market price gets "stepped up" so no taxes are paid.I would check with a CPA, but this is my understanding.

One seems legit but the price for the course is 11k.

I have used AirBnb's pricing as well as VRBOs.  

It just lacks the opportunity for commute and restaurant scene.