Man oh man you all must’ve been burned hard in the past, cause wow, the reactions to this are insane!

Ideally, I also find an area where tenant laws aren't insanely anti-landlord.Eager to hear what you think.

I’m from Lancaster Pa, currently living in San Diego CA.

That seems insane to me. 

I analyzed a few fixer properties here in Bay Area and Sacramento.Honestly, I dont understand how the 70% rule will work.Here is an example:A property here in San Jose ask for $680k.

If you'd like some more help i'm in San Diego and can help you find something.

You as a flipper put out a good product and you’ll still get top dollar.As Jay has stated the new strategy seems to be shifting from list price is set below market to generate foot traffic for multiple bids and revert back to pricing it to market or slightly above for concessions as it’s slowly shifting to buyers market.But I agree, don’t expect insane triple digit net margins anymore.

I'm definitely seeing that mentality played out here in San Diego, with myself included for the time being.

this is insanity !

It looks like you're married with child(ren) so a four-plex would probably result in divorce or insanity.