Throw a 15 yr or two in there and in a few years open a HELOC on the equity you have created.

I know my prices and do not want anyone who thinks they can throw out high quotes.

You'll probably throw in your attorneys fees, survey, title insurance, transfer taxes, recording fees, etc.. 

Throw her crap in the dumpster and move on, dont waste any money or time on it.

When listening to the podcast they always say your first property is a throw away anyways, but I’m stubborn and think I’m smarter than that and want my first property to be a smoking deal.

WHY THROW AWAY GOOD STUFF ?  

If people are calling they are interested, even if they throw out some astronomical price.

I have seen wayyyy to many California investors throw their money here and expect these amazing returns.

Now, if I take a reasonable valuation of about $1.1m (the slightly smaller, less nicely renovated house literally two houses over sold for about $1m a year or two ago) and throw that into a mortgage calculator with 20% down and comparable taxes/insurance, I get about $4,500/mth.

If Andrew's remaining entitlement is $181k and he had $10k to throw at it, he could buy a house for $221k.