I ran into a similar issue back in 2021 when I got started while living in San Francisco.

I know how you feel coming from California, I used to live in San Diego.

Going from a $232K purchase to a $575K sale is no small feat, especially with a full excavation of the foundation and reframing involved.I’ve got a buddy who tried something similar outside San Diego last year.. he had to reinforce the entire property with a new slab and rebuild the interior layout from scratch.. definitely not for the faint of heart, but his final sale price turned heads in that local market.

So far, I’ve only invested in stocks and the idea of investing in real estate seems somewhat risky to me.Kyle, A couple of years ago, the Federal Reserve Bank of San Francisco released a groundbreaking research paper called "The Rate of Return on Everything, 1870-2015".

Can we all agree a dollar made in Austin TX or Bryan TX or Dallas TX or San Francisco CA, or Nashville TN or any where spends the same wherever you choose to spend that dollar.  

Property is in downtown San Jose location with possibility of new parks next to our location being built and also new constructions around our neighborhood.2.

I travel quite a bit, but I am primarily in San Diego. 

It reminds me of a buddy of mine in San Diego who realized early on that the investors who stuck around longest weren’t just chasing the best cap rate..they were sticking with him because he made them feel like they were part of something that actually mattered.

I’m also from the US so I follow that market and am soon to be involved with a couple of exciting projects in Seattle & San Diego

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.