Your risk vs. reward is way off balance there. 

For the mostly passive San Diego RE investor, you will need to be patient to achieve worthy return.  

The biggest issue is that forgetting to assign a location or choosing the wrong one can mess up your balance sheet, leading to inaccuracies.

You also mentioned an unpaid water bill, so be sure to deduct any outstanding balance from that bill as well. 

The impact to a balance of 100 or 200k is substantial.

If you are thinking about a new purchase with a heloc vs a current 30 year fixed rate, this could be a good alternative.Basically, helocs are billed based on the average daily balance of the account.

@Rene Hosman Generally, Reasons for Land Swaps are to: - Resolving zoning conflicts - Acquiring strategically important properties - Consolidating land holdings - Avoiding costly legal battles - Achieving public policy goalsWhen I was a Planning Commissioner projects would discuss land swaps for larger development projects to make sure the community impact was greater (typically gaining conservation land for us) than just allowing a rezone to be approved without public benefit.

Have you thought about how you’ll balance those dynamics?

A balanced market typically has around 6 months of inventory, so anything lower suggests a seller’s market with limited inventory.🎆 Las Vegas Rings in 2025 with a Bang!"

Achieving a great cashflowing property, learning the process while executing, and great satisfaction of helping a family.