You understand some of the basic concepts, but also have some giant holes in your plan.

For example, I have a subject property that has 1682 SF on the main floor and 810 SF of finished basement (the majority of which is about 8 feet in height with the exception of some bulkheads to hide the mechanicals) and 271 of semi-finished basement that is a utility room basically (washer/dryer, freezer, hot water heater, furnace, some storage).

It will familiarize you with the basic terminology and benefits.

New floors, appliances, heating/cooling, etc.

Thats an important question to ask nowadays, we were scammed by a marketing/SEO company who is now overseas and has a PO box in US only so basically untouchable.

This is one of the things that sound a lot easier than they are actually done.The crazy thing I learned about these CA fires is that the heat radiation is hot enough (1500-2000F) that it will ignite your furniture through the windows.

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

If the tenant complains there is no heat, you should respond.

Flipping it will take time if you have to sell.Plus a home like that doesn't lend itself to a LTR unless there is a demand for high end rentals.What I would like to see is some examples of what you are looking at along with basic numbers you have run so far.

And basically I’m just realizing I don’t know how to know if these are reasonable prices or not?