But ...The first thing I observed was the replacement cost portion of the quote, was, IMO, less than what it will actually cost to demolish the remains of the existing structure, pay for any hazardous waste removal following a catastrophic loss, and actually pay to replace the property in the event of a total loss, even though I used the quote feature to increase the replacement cost value by 20% (the maximum it would allow).

If leveraging equity feels too risky, you might consider using a portion of the equity to fund your next property while keeping reserves intact.

whether for sale or not.Ex. all houses in Sierra Madre, CAThanks!

The building is now vacant in the bottom portion including by sister's business.

Read your mortgage paperwork for the due on sale clause. 

Good Morning,I am a former Claims Specialist with the Social Security Administration and currently unemployed homeowner who is looking for guidance on how to gain property management experience here in the Central Coast of California.My wife is the only one working at the moment, so times are tough to say the least.We're looking to rent out a portion of our home in order to save up enough money to purchase our second home (or multi-family unit), rent that out, and begin to expand our portfolio. 

Figure out how many sales you need to break even.

This would allow us to come to the table with less funds out of pocket on the front end when starting construction.Is the best way to complete the transfer of ownership through a traditional sale registered with the county? 

I suppose you could share a portion of that with the cleaner if you are really desperate to keep her. 

Purchase price: $75,000 Cash invested: $600,000 Sale price: $269,000This is my largest new build development to date.