Quote from @James S.: Could someone clarify how a cash out refinance would work after new construction.

Yes, to @Caroline Gerardo 's point - there are condo and condotel options. 

@Ruth S. 

We stick to the 1960's inventory, which is easier to work on, but I totally agree cash flow as in "replace my W2" is a myth, it is necessary and also better to re-invest cash into asset upgrades. 

There are 100's of real estate podcasts out there and honestly I have found many that are better than BP as they have people who have been in real estate and business for a very long time and could run circles around some of the hosts. 

Any formula you find will give you bad #'s.

Value Add - 3x rent(s) Lessons learned?

https://cases.stretto.com/public/x247/12208/PLEADINGS/122080...https://unicourt.com/case/ca-la23-aurora-d-bowser-vs-brian-r...https://unicourt.com/case/ca-la2-rosslyn-butler-vs-brian-doz...https://www.pacermonitor.com/public/case/19098678/TSUKANO_v_...https://unicourt.com/case/ca-la2-s-b-properties-llc-et-al-vs...https://trellis.law/case/bc370891/rosemarie-leong-vs-brian-d...The world of investments and finance is not immune to the occurrence of fraudulent activities.

You need to check for setbacks, frontage, lot size, elevations, and flood zones.

Stick or block, 2/1’s, 600-650sq ft, and very well done. $110k for stick. $130k block.