Drive around and figure out a few areas you would like to live in with your budget.

I budget for 2 year average tenant stays and work to exceed that conservative budgeted rate. 5.

It's not ideal, because they do have a budget price to adhere to.

This could save you money in the long run, but requires a bigger initial investment.To help you decide, consider these:What's your current budget?

Key points for buyers to consider: the $65K rehab budget and timeline (45-60 days) are realistic, but transparency on rehab details and potential delays will be important.

Eliminate debt, establish a budget, and save.

To stay secure, I’d recommend saving 3-6 months of mortgage payments, budgeting for repairs, and possibly investing in a home warranty.

Below are some actionable steps I plan to take after identifying a market:- find a rock star agent by referral and/or calling brokerages and asking to connect with their top producing agents- find a rock star contractor by referral and/or yelp- have control over construction by setting per diems to incentivize contractor to finish the project on time, within budget, and with good quality- leverage my rock star agent's time to check up on the construction process (checks and balances)- hire independent handymen/inspectors to check up on the construction process for a flat fee (checks and balances) There's competition everywhere, you won't escape that in any market. 

If you are looking to build an ADU in the Los Angeles area, my partner builds them very well, with a great budget and in about 3 months. 

Get a bank statement to cross-reference their paychecks as most employers now direct deposit.You'll also see if they have a savings history or are living paycheck-to-paycheck.If they are not paying rent right now and have no savings, how well do you think they'll be able to adjust their budget, so they can pay rent on time?