San Diego is expensive to Purchase, maintenance and cap ex is expensive, property tax at purchase is expensive in terms of dollars (average SFH prop tax at purchase is ~$1k/month in San Diego), new retail (MLS) purchases are negative cash flow when allocating properly for expenses, it is tenant friendly in terms of regulations but this is largely due to the big advantages LL have due to crazy low vacancy rates.  

Build a contingency budget into your plan by allocating an extra 10-20% for these surprises.To get ahead of potential problems, conduct thorough inspections from top to bottom before buying a property.

Acquired for $93,000, with only $993 allocated for renovations and a resale value of $150,220, the property offered excellent profit margins.

Acquired for $155,000, with only $3,000 allocated for renovations and a resale value of $180,000, the property offered excellent profit margins.

Also, the cash flow of the paying notes will provide enough cushion to allow me to survive almost any crash.6 - Finally, I have about 10% of my portfolio allocated for investment in high(er) risk property investments - and while there’s no telling how I’ll do on this, in the past I have been able to purchase some volatile assets at very low prices and end up doing pretty well.  

This way, you can easily allocate expenses to the appropriate property when making purchases with your Lowes account or other accounts.You can also create separate folders or digital files for each property/entity to keep track of receipts and invoices.

The way the condo is set up, I would need to allocate the one window in the living room to the new bedroom, meaning the living room will no longer have a window.I know bedrooms require certain legal restrictions to be met (2 egress, certain size, etc).

Depending on market (lets say one invest at Tesla or OpenAI at the beginning).So all these investment can be allocated appropriately based on investor risk perception, there's no correct answer for sure.

The 25% debt allocation range must be among the highest in the last 10-12 years. 

IE capital allocation and leverage.