It goes together like laminate but is supposed to be water proof (I once put down laminate flooring and if it even thought it was going to get wet it started to swell). 

As a investor I am not a advocate of home ownership as I believe it bleeds off too much valuable cash for investing.

He actually Instructed the SELLER to call me to tell this a s well! 

@Stephen S.   Well

And as for the insurance companies bleeding the public dry....they are free to do so.

That doesn't mean that you must have any of your own cash in the property, but it does mean that you'll have to leave equity in the property unless you want it to bleed cash.Mike

If they fixed the bleed, it would be growing a higher rate.

And with a relatively hot RE market nationwide, even though all RE is local I think you're seeing a lot of bleed-over as investors who cannot find anything local pour money into other markets.2.

It isn't $35k for $35k of equity.If I refinance the $35k leaving only 20% (7,000) of my original money in the deal, then my CoC seems to be 33%.Is my foot still bleeding?

And while living in downtown LA or San Francisco in a cramped apartment with 5 roommates is cool when you’re young and single swiping on Tinder, there’s one situation where it’s certainly not cool at all…When you’re pregnant.I noticed this trend back in California when I had several clients back to back that were all late twenties / early thirties with either a bun in the oven or a baby already here and they were looking to escape the high prices of the Bay Area and move into more affordable markets like Sacramento and Stockton in California’s Central Valley.Just take a look at Phoenix’s population pyramid to notice how it swells right in the sweet spot of people about to have their first kid and want to buy their first home shortly afterwards:And not only do you have the millennials here in the Phoenix Metro Area, you also have them moving from Los Angeles and greater southern California:https://la.curbed.com/2016/5/23/11753840/los-angeles-migrationAnd can you blame them?