So they will cash flow - but that's because they effectively put 100% down.We have two more turnkeys listed on the MLS right now for under 250k in good areas. 

The concept of "Boommates" would be an effective solution for many facing economic and social challenges.Sharing housing can benefit individuals and society by making better use of existing homes and creating supportive living environments.

We use a spreadsheet to track any deductions for issues caused by tenant damage.

A new tenant might not pay rent, need to be evicted, do damage etc. 2.

With cash out refis, there is no market input on value.The time period since acquisition is also an issue.If I understand the numbers - $30K plus $440K loan plus $80K assignment fee - total “purchase” price is $550,000.I would assume lender is asking how is current value one year later $725,000 when you effectively paid $550,000 a year ago?

The damage is north of 150k.

Hi all, just as an update, there was finally a city that implemented AB 1033, this is San Jose CA, effective July 2024.  

I received an insurance payout for a damaged roof on a rental property and the contractor doing the work is offering a discount for cash payment.

All legal rights pursuant to the Rental Agreement, including return of any Damage or Security Deposit(s) are assigned to the Incoming Resident and remaining residents.

That is pretty expensive and can be less effective during cold weather.