Interest rates atm seem quite high so will ride this out a bit longer (and ratios will continue to improve over time.) 

This generated $2M+ in equity, and thus is highly lucrative, but takes 2-3 years.Note worthy: I am located in California, but I did this project in Canada.

If you do not report these earnings to the IRS, you can incur IRS penalties as high as $580 – for each worker ($290 for not sending it to the IRS + $290 for not sending it to the contractor)!

I thought I was buying at top of the market in 2020...and 2022...but prices continue to remain high. 

What quality of life (stress) are you willing to trade for more money? 

However, there aren't any comps of new construction in the area beyond land sales on brand new neighborhoods, and existing sales of older 4 / 2.5s are in the high 200s.

Hard money loans offer fast approval and don't risk personal assets but come with high-interest rates and fees, which can be tax-deductible as carrying costs.

Crime and homelessness in the areas where you could get more cash flow is still pretty high - which is a bummer.

Keep it simple, paint and carpet, buy a good house in a quality area.

One property the square footage was high because they assumed both florrs were same size and they were not.