It has been best to anticipate wildly different ARVs based on not only the property details, but also the quality of the finishes that are used.

Socal is tough to find investment properties that work.I have a great realtor in Sacramento that can find properties that cash flow.

Can any investors in the Indianapolis market  please help by referring me to an agent they have used to buy properties that they were satisfied with?

Essentially, your new replacement property will consist of (1) a thirty plus year ground lease on the real property you already own; and (2) new capital improvements made on the real property you already own pursuant to the new thirty plus year ground lease.

The outcome is on going as I just listed all the properties.

I recommend that you find a trusted or recommended Mortgage Loan Originator (MLO), who can give you options for property-based loans (mostly investment loans) and they don't use your taxes but the P&L of the property.

Will the cash flow from the new property quickly pay this back?

You have material information that effects the desirability and value of the property.

At a 7% annual return, this could grow to $908K after 10 years, providing immediate liquidity and diversification.Alternatively, holding the property could yield $825K net equity after taxes in 10 years, assuming a $900K sale, with the potential to defer taxes via a 1031 exchange if reinvested into another property.

Property is on an acre lot so units are separated and very private making it a great house hack.Located next to Benderson Park which makes it a great location for STRing the guest house.