Additionally, it’s a good idea to network with local real estate agents who specialize in short-term or mid-term rental markets.Good luck with your new venture! 

Added a new cistern for water and added a shop bathroom in addition to completing the apartment.

I have a capital gain taxes question:if I sell my home for 510k and provide the seller 10k seller credit towards escrow costs, would I be paying capital gains taxes in California for that additional 10k?

Are you cashing out the equity and using additional revenue streams to get the 2nd one?

You should also receive Seller disclosures if offered during this period. 

Hi Julia,Rehabbing fire-damaged properties can be a profitable venture, but it requires careful planning and additional considerations.

Quote from @Jaycee Greene: A few things I noticed, in addition to having the tenant pay the utilities are:1) Incorporate annual increases in rent higher than 2% (in your area, maybe 4%-5%) with a slightly smaller increase in operating expenses (say 2%-3%)2) With a gut rehab, I'm not sure why you need to spend $128/month on cap ex, at least for the first year or 2.3a) An 80% cash out refi is probably going to be hard to get.

I received multiple calls on it.

What are you trying to accomplish, what’s the upside to fight all the additional downsides I’ve pointed out?

Quote from @Patricio Acosta: I finally found the perfect flip in Coronado, San Diego—the agent hasn’t received any offers, the listing price is reasonable, and the home has huge potential.