Real estate is not the stock market and it's called buy & hold and not buy & sell for a reason.I did sell a few properties about 10 years ago when I learned the hard way that going into cheaper neighborhoods was not the right strategy for me, so that was basically a strategy correction and it was necessary, but also costly both in terms of dollars and time.

California offers great job markets and weather, but comes with high costs. 

run the numbers including holding costs and you will see why.

Then they lock them in to a SLIGHTLY lower initial cost per kWh.

How do you calculate rehab cost given you can’t look inside? 

What is your average work order cost for the owner?

This can be very expensive and is usually the worst choice because you can't justify the cost.2.

Here’s what I’ve learned so far: Investors want deals with solid profit potential—so they’re always looking at the numbers: a good ARV, reasonable rehab costs, and enough room to make a return.

My lease has a sublet fee (2 weeks is guest by lease more than 2 weeks in a year is sublet) that is costly enough ($100/night per person which is about what a cheaper hotel is here) that makes sure tenants do not have others move-in without informing us.

STR it will cost you big.this isn't a difficult job depending on the fridge location.