Keep in mind you'll never have all the information and there will always be unknowns and assumptions.

If you don't mind, I'd really appreciate it.

Paint is not rocket science, and he asked if I had any work that needed doing, so I let him do the paint job instead of my painter (accepting in my mind that if he didn't do a great job this was going to be charity).

You’re in the right place to meet like-minded investors and gain local insights.

Same goes for number of LLCs and what to fund them with, since bear in mind that CA tends to be more cumbersome and expensive to have LLCs than other states.California is generally more cumbersome than other states when it comes to taxes and filings.

One thing to keep in mind is typically a lender will not be able to reimburse you for labor you complete yourself on a flip. 

Something to keep in mind is that if you have 50k liquid for your next property, you really have 35k to use for a downpayment and closing costs.

Purchase price: $131,000 Cash invested: $41,000 Off market deal - Going in this project with an Opportunistic BRRR mind.

Keep in mind that with a mortgage you are also building equity, so that's a plus.

As I said, math and numbers aren't my strength, but I'm a dedicated student when I put my mind to something, and I know how to read and use a calculator :)Thanks for reading!