You don't have to add duct work to flip, so you could just put the c/a system on top of the new furnace and be done.

Has any in California converted a property in a similar situation.  

-Do you know rents are FALLING in parts of Florida, California, Texas, etc?

I originally started off as a OOS investor from CA and chose to invest in the Midwest.

(Not CA).   

Thanks Gents,I'm sure I could find a better deal somewhere else, but I'd like to invest in markets that I know which are all in CA and mostly in expensive parts of CA (San Francisco, San Diego for example). 

Hi Guys, I am planning to buy 2 properties in California with a total of 11 doors between them.

I sold my house in CA FSBO - no agent help, cuz I lived there for years and had time to study the market before I sold. 

Purchase price: $195,000 Cash invested: $27,200 Sale price: $259,000 Contributors: Peter Vekselman Partner Driven, alongside our partner Seth Choate, acquired a property on Mount Vernon Dr #D in Modesto, CA, for $195,000 on 4/29/2022.

I always recommend starting in your own market first, then go out of town, then out of state, but I understand California is expensive.If you need to create cash, wholesaling is the best alternativeIf you have some cash, then maybe do a few flix and flips to build your cash reserves.If you have cash saved, yes you can buy a rental in other markets, but you need to research and create your list of contacts in that marketYou can always buy a fixer upper, then refinance, and repeat, you can do that with favorable rates up to 10 times using loans for a secondary/investment home