I live in LA now but I'm from Atlanta :)Househacking in LA- if you're going to refi it into cash-flowing properties, why do it at all and not just start with the cash-flowers?

Hi @Tijana Flowers-Harris,I think it comes down to how much cash you have for a downpayment.

If you visit the property, consider sending a thank you note and maybe flowers to the owners, thanking them for holding their home open for you to see!

first thing i would do is focus on curb appeal. pulling weeds manicuring the lawn and adding flower beds with mulch and plants is a good way to start. you do want to spend some time in the kitchen and bathroom's there main selling points of a house. a good way to add value would be to expand the living area in the basement and attic areas if possible adding a bedroom or bathroom would certainly add good value. hardwood/laminate flooring is highly desirable. obviously you want to paint the house.

Thanks for the flowers - @Michael Henry is an excellent ressource for duplexes and the city, plus he is a GC and knows construction! 

Purchase price: $82,000 Cash invested: $18,000 Sale price: $157,000 Contributors: Ivy Flowers First property I've ever bought and it was a foreclosure!

One view I sometimes take of low-income cash-flowers is like an interest-bearing CD.In other words, I'll be willing to sell for what I've got in it, but in the meantime I'd better be getting a waayyyy fat cash flow.

I believe this is known as Little Flower.

Purchase price: $110,000 Cash invested: $20,000 Contributors: Ivy Flowers Flip number 3 almost complete!!

If you bought a new doormat and put flowers in the pots to spruce up the curbside appeal right before you sell that can be expensed off.