Also what does the city say is the assessed value of the property on your taxes (it will be different than the appraised value, but should give you an idea).

One thing to add is that when you buy a new build, your PITI will likely not be factoring in the correct state tax number.

Be aware of tax implications: rental income is taxed in the property’s state and reported on your California return, with deductions for travel, depreciation, and expenses.

The greatest property tax sale state

When you add purchase price, carrying costs for at least 6 months, materials, labor, real estate agents costs and taxes, do you have at least a projected 10% profit?

What I love about Baselane is that it was built BY real estate investors FOR real estate investors so it's really dialed in to what you're going to need in order to prepare your taxes, keep your books up to date and the more operational aspects of being an REI like tenant vetting and processing rent payments.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Instead, You get to use the tax for your own benefit and purchase better property/ properties.

I've sent letters to the owner on tax roll.

Points I can roll into the cost and don't mind a buy down if necessary.My primary concern is the bleed rate monthly for the build, Airbnb stabilization and the year after while we season it and prep for final financing for long term hold.