My property is in San Jose, CA and would be worth about $1M and the above insurance is at the same level as my homeowners and costs a little more (about 7% more).

.: Just getting ready to post my 3 bed/2 ba home as an STR in San Diego.

Quote from @Francisco Milan: Your tax bill ?

And just the other day, I was grabbing coffee with a friend who reps a group of invsetors out in San Antonio.. they got burned early on by not clarifying their rental criteria, picking up a triplex that sounded good on paper but turned out to have a revolving door of problematic tenants.A baseline business plan isn’t just a mind-numbing exercise.. it’s the guardrail that keeps your momentum from swerving off into the ditch.

But at the end of the day.. they had 5k investors.. and things got very serious both of them moved.. never were without their hand guns.. they were just so worried someone would take their revenge on them.but the bottom line one got 6 years in Folsom ( Sacramento bad prison) and the other got 9 years at San Quintin..  

Hey @Francisco Milan!

If i lived in San Jose, the first RE investment that i would consider is a local property with an ADU that had distribution on the lot that would allow a profitable lot split.   

San Jose did as an example and there are a few resources they've put out. 

I got started back in 2021 as an OOS investor born and raised in San Francisco. 

Quote from @Chris Seveney: @Francisco AvancenaThere are specific lenders who will do land dealsBut of course not as many as traditional real estate.The key will be skin in the game - typically for land because it is less liquid than a home the lender will want to have a lower ltv on the deal I fund land flippers currently in  CO FLA WA ID MT NV AZ OR TX SC GA VA  one thing about land though LTV is lower and RATES are NOT the same as typical HML rates are higher for raw land but its a specialty niche and a business that I grew up in..