While living in a high-cost area can present challenges, it also opens doors to creative strategies, like investing out of state or leveraging partnerships.

I'm very familiar with home design, construction, and navigating zoning and building permitting challenges (if that helps!).

Challenges?

They barely lasted in California (they are based on London).The challenge is (1) you are assuming all listings have open houses and (2) there are a lot of moving parts that can happen behind the scenes.

Depending on the severity of smoke damage and structural issues, it could be a huge challenge for first time flip.

My basic underwriting making some standard assumptions on HOA expenses, 20% down, 7% interest rate, 30 year mortgage, utilities, supplies, and maintenance costs shows a loss of about $22k per year if you are self managing.

The country simply does not have enough affordable housing units, and the new supply of affordable housing units is not keeping up with new demand.

I’m particularly interested in learning about the advantages and challenges of investing in Oakhurst, Mariposa, Yosemite West, or other nearby towns.Thanks for sharing your insights!

.⚠️ Financing Challenges: Hard money loans carry high interest rates that nibble into the bottom line.Unrealistic timelines: If you think you're going to be in and out in 60 days, you're sadly mistaken-most flips take longer than expected.Real Talk: Is Fix and Flip Still Worth It?

Challenges?