How long are you expecting to hold and do you have the money to purchase in San Diego?

Also, if you form an LLC to hold the property, you will need a designated agent(attorney) in that state. 

If you're working with an investment brokerage, I'd recommend tapping into Tampa and Central Florida markets too—areas like Riverview, Wesley Chapel, and Brandon have been strong for both flips and long-term holds with steady demand.

- properties going at a time as a sort of hedge against 1 contractor holding me back on 1 property rehab.

Both are drawing more and more tourism, as well as relocations, and are holding more and more special events and competitions. 

You are still going to have holding costs and a heloc will just have less holding costs that you would if you were doing a personal line or hard money. 

Quote from @Account Closed: Honestly have no clue, but my guess would be contact a lawyer who specializes in real estate.I am also trying to get a hold of other wholesalers in my area and real estate agents.

Points I can roll into the cost and don't mind a buy down if necessary.My primary concern is the bleed rate monthly for the build, Airbnb stabilization and the year after while we season it and prep for final financing for long term hold.

The cash flow would be nice, but are you planning to hold for a long term or refinance before the balloon or sell?

Investment Info:Single-family residence buy & hold investment in New Milford.