Hi @Greg Scott,I’ve been questioning that too, I know they’re in a tough financial spot right now so it’s entirely possible they don’t.

I do see some flip opportunities, but flipping is a job; stop flipping and the making of money stops,My next purchase is likely to be in a different market with lower profit expectations than I used to achieve in the San Diego market.  

I'll admit I do build in a lot of cushion (something I learned from my first flip deal) so I account for every possible expense.

Years ago I have sent yellow letters to 1,000 selected addresses in a suburb of Milwaukee.

Similarly, if you put all Class D tenants in a Class A 4-plex, what do you think will happen?

If you are in a high fire zone, the California Fair Plan is likely your best bet.

With local rents around $1,500, you’d likely cash flow after covering expenses, and you’ll keep building equity in a property that’s already in great shape.

This type of property has the chance to cashflow, even highly leveraged, in a market where cashflowing properties are quite difficult to find.Could house hacking a property like this work while I am going to school? 

@Sarah Rhee - Sorry to hear about your troubles, but it sounds like you are in a good position networth and equity wise.

@Anthony Dupre For out-of-state real estate investments, consider creating subsidiary LLCs in each property’s state for liability isolation, owned by a parent LLC in a state like Wyoming or Delaware for anonymity and strong asset protection.