Appreciate any insight!

Check out the Rookie Podcast; it’s packed with helpful insights!

I personally would look to a growing market and then exchange the money back to CA later, when things soften up.

I put it back on the market to rent.Now I am having second thoughts about renting it back out and now I am thinking about selling it.I would greatly appreciate your thoughts and insight about these options.Thanks,Hector Lewis  

Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.

Thank you for your insight.

I focus on staying engaged, whether it’s through regular check-ins, providing insights without expecting anything in return.In terms of systems, I’ve found that a mix of structured tools and personal touchpoints works best.

HUDuser.org is great for vacancy rates, but cross-referencing with local market reports is important for more context.For job diversity and employers, LinkedIn or regional economic development websites often provide insights.

I hope I can get some insight on what to do.

With careful planning and local insights, Richmond can be a solid addition to your investment portfolio.Good luck!