My conviction for doing out of state fix/flips was mainly procured by the desire to have more options and opportunities available rather than having to be tied a more trying California market.

The exact definition varies from person to person, but I mainly consider them <$40k reno and hitting those items.

. - Going further out Brentwood and Oakley have appreciated quite a bit and have pretty good schools- Something with potential to add value: ADU attached to the main house or separately in the backyard in the future to get additional rent.

However, it mainly depends on LTV, cash flow, and credit so it is hard to say without knowing the full details.

He has mainly been in SF but most recently talking about moving into Multifamily. 

We've had threads before where people think (or want to) they can use real estate deductions to offset their main/1040 tax liability. 

The seller's main concern is that you are a qualified buyer who can close the deal.- The lender: when applying for a primary residence mortgage loan, you are typically required to intend to live in the property as your primary residence for at least 12 months.

Since you are already in the main unit, this is a no brainer.

All investments come with an element of risk.So when you’re told of “guaranteed methods” run in the other direction.

I have a Google Sheet that I'm using to track different elements of the project but I'm wondering if folks have success using other software that they can share with me?