I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC.

The city's resurgence can be attributed to a combination of tapering construction on new units and a steady increase in demand, pushing rent growth above its pre-pandemic average of 3%.Similarly, San Francisco experienced a dramatic turnaround in July, with apartment rents jumping from 1% in June to 2% at the end of the month.

@Leah MillerTypically no - condo bylaws and zoning regulations typically do not allow to segment a units potential exists to possibly combine units (which can be cost prohibitive as you need board approval and potential building code issues) but I have never seen a condo building allow someone to subdivide a unit

An umbrella insurance policy can offer cost-effective liability coverage as you scale, but they rarely payout.

The big problem I have run into is when I am "partners" with someone with zero money at risk in a project, it rarely turns out great for me.

Duplexes are rare in LA, so I'm assuming these must be multiple-bedroom homes?

The short term market fluctuates, but long term, holding real estate is very, very rarely a bad play.As a renovator myself, I always try to hold instead of sell, that is why I prefer the term renovator, not flipper.

However, rent to own is rare and I feel like a lot of people do "we buy homes cash" these days.

The low purchase price of $93,000, combined with the possibility of adding value through targeted renovations, made it an attractive investment opportunity.

My units rarely go over a 1000sq ft.