Hey Saj - I think there was a misunderstanding of my words and did not intend to convey that "nothing in California is worth it."

@David Bellmont David, Maybe I'm misunderstanding you... 

I ran a report with sample inputs and I don't see how the numbers add up.My Refi amount is $105,000 and I've calculated my All-In Cost based on the sample data below to be:$100,000 Purchase Price$10,000 Estimated Repairs$5,000 Closing Costs$1,600 Points$2,000 Refi Fees$4,651.45 Holding Costs = $123,251.45 To my understanding, my Total Cash Invested would be: $123,251.45 - $105,000 = $18,251.45However, the BRRRR Report figure in the image below is $12,280.34What am I misunderstanding or missing?

That's a large part of the reason why misunderstandings and landlord and tenant non-compliance with the rules are rampant.

Please let me if I'm misunderstanding something.

Is this what you mean by upsides or did I misunderstand?

And they wanted to go 506c so they could talk about it on their podcast - I think they misunderstand what solititation is (or I do) but when we went that direction my money was no good.Omar Khan - I couldn't agree more with you.

Whatever they agree to put on paper so there is no misunderstanding later.

Or am I misunderstanding something?

But that's only when you know what you're doing, and that's why we did not include that in the 10/20 book shown above, as we were afraid people would misunderstand and bankrupt themselves.