Front unit i think market price is around 1600-1700, but i am planning for 1500-1550 to gain advantage on rentingit's a popular rental area in trending neighborhood, so it has a lot rental on the market and a lot investorfirst regret is i think my offer was too high, i offered asking price at 224k which with my 10k deposit and no inspection (i did had a long term contractor go take a look with me) i can likely get the house for cheaper, it went from 300k to now 224k from last year, so 8 month on market, i could get it for maybe 200k or 210k insteadOriginally i planned to have some minor interior update include few windows, which i am estimating around 3k, but noticing the 3rd floor shingle siding was aging and looks like just matter of time, so i had to replace 2 more exterior siding that need scaffolding, long story short, my repair cost went from 3k to around 8-9kmy dscr loan is 7.625% 30 years, my monthly would be $1577 PITI + water (say $230), compare to my expected rent of $2430, so $623 remaining each monthsome concerns are1. it's flat roof and it's just matter of time for me to replace2. i know this market is always trending, a lot tenants and a lot rentals, so it's competitive but popular, i dont know what to feel about it, i have other rental in the city, just not this specific neighborhood3. since there's so many investor in the area, why no one bought it for the price, it was once lowered to 256k before it go down to 224k. when the market was hot, i think 324k would easily sold, but obviously it didnt as that's what they listed in 2023 summer4. unit was managed by management company, last lease on front unit was from June 2022-June2023 rented for $1700, then they later put for sale for 324kon one hand i think the number works, but on the other hand, i keep have this feeling i wanted to back out of the offer, i think also due to my saving would be down to 20k after closing and all the repairs made, which i normally wanted to have at least 30k in bank, also the extra siding job got me scared a bit, and roof that need to be replaced in futureif i back out now, i am going to be losing 10k + inspection 800, so that's close to 11k lostWhat's your take on this, i would hate to lose 11k without any valid reason and just scared myself out of this deal, but honestly i am having some hard time looking forward to this purchase.

or something like that.Also, cold texting is on its way out IMO with the new A2P regulations, VM may be your best bet.

That sounds like it would be your best bet.

So I have to transfer it to the savings account first, then wire it from the savings account.Your best bet to get a definitive answer is to call the bank that has your heloc and ask if they can provide cashiers checks and wire transfers from it or not.

@Juan MoraIf that is what it was, it wouldn't be horrible... but I'm willing to bet it won't be that:First off, you are betting you can get the house down to $450,000.  

https://www.wbaltv.com/article/baltimore-city-selling-vacant...https://www.wbaltv.com/article/baltimore-city-selling-vacant...These are suckers bets in the vast majority of cases the cost to renovate exceeds the value of the property, that’s why no one wants them and the city has to sell them for $1

I also like to "borrow" ideas and look at what amenities are most popular in that area so that I can include those amenities at my property.   

Some will pay to stay waterfront but there are just as many I’m betting that would opt for slightly less expensive digs in a very popular tourist destination. 

Completely agree with that assesment @Carlos Ptriawan but as you already know from my views; I am betting on long-term investing, and appreciation.

Darryl Lin , I am an investor in the Hesperia market for about 3 years and got few SFR that I am renting, the high deserts is a growing area , although CoCr is around 5-6% but you are betting on future appreciation , LA and OC Market is over saturated with renters , many of them can’t afford rent anymore , so many are moving towards the east , 15 years from now , homes should value in the $500k ( my opinion ) think of it this way , a river with over flown water branching out of its track.