I just replaced my 19 year old gas range with a new one, only to realize that its griddle & grates are cast iron.

Many homes are pushing 100 years old.

As we have all seen, Californians are leaving in droves over the past couple of years, and fleeing to Florida, Texas and yep...Arizona.As long as we continue to stay under LAs housing market for affordability, we are going to continue to net those homeowners wanting an upgrade to a bigger house or lot. 

New construction properties can qualify for significant insurance discounts, but otherwise, I generally expect insurance in this area to run a little over 1% of the property’s value if it’s in decent condition.Feel free to DM me if you’d like a good insurance contact to shop around for a better rate.

Repiping is going to be 13k-15K alone depending on the size of the house in OC, we just got a 2000sf house quotes for 13,000 in North OC2.

 @Jordan Laney Asking what others pay for snow removal and comparing your yearly spend to past years is not productive.

Otherwise, you could network with a local Realtor to your area and see how many duplexes sell per year within your acceptable driving radius.

I'll work with an attorney to assist with drafting that.Q2: Yes, I'll talk to my CPA but we'll most likely hold the property for at least 1 year under the LLC given our timeline to design, permit, build and sell the property, meaning I should avoid short-term capital gains.  

Welcome to BP, Angelyn! 

For context, I'm based in the SF Bay Area in CA and looking into buying my first OOS rental after house hacking locally for 10 years.