As a resident of the Gulf Coast of Florida (Bradenton) we just witnessed the strength of Mother Nature with the most recent passing of Hurricane Helene in the Gulf.

Lake Coeur d'Alene is a natural deep water mountain lake with an average depth of 125 feet.

Plenty of experience preparing multi state returns and handling things of that nature.

However, it's also clear that markets naturally ebb and flow, and corrections, though challenging, are a part of the investment landscape.One of the key insights from this journey has been the importance of diversification.

The nature of the remodel would make it somewhat hard to inspect if it was done right without being removed.

CAP from my calculation is +10% so naturally I am going to scrutinize.

Bakersfield is also massive with nothing naturally stopping outward sprawl.

Modern lumber is also a lot more prone to termite damage as it is softer and easier to consume whereas old lumber is extremely resinous and naturally termite resistant.

Being a natural cynic, it takes work to find the positive.  

Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.