Benefiting from a high sale price in a desirable area.Cons of Selling: No further long-term appreciation or rental income potential from the property.

So if conventional primary residence rates are that high, par rates on investment properties are generally higher. 

New payment is 4150 including taxes and insurance 80 waterHot water bill is 125Rents 8350Very happy with my first BRRRR

Even though buffeted by high interest rates and spiking insurance premiums, overall prices are still rising.

I have to check on codes/laws/regulation, but I know CA is on a high of making thinks convenient to build those at the moment.

On the flip side, the margins aren’t quite as high as with rehab projects.

If you’re below $275K, focus on high-impact upgrades like improving curb appeal (landscaping, fresh paint), refreshing the kitchen and bathrooms (new hardware, lighting), or adding energy-efficient features (smart thermostats, LED lighting).

I have to pressure them to take care of it. 

That actually is a benefit, as no one is expected to water the yard.  

The country is the economic powerhouse of Europe, with a highly diversified economy driven by strong industrial, automotive, and technological sectors.