Then add to that, CA is a tenant-friendly state...it could cost a fortune just to get rid of a bad tenant!

*0-5% entrance cost as personals- who doesn't like buying stock at 5% of the value and having someone else pay it off*tax haven- our margins are small enough that we have a small profit, no profit or a small book loss*someone else paying off our mortgages + dividend- in stocks you can't have someone else pay the price.*1031 exchange- the ability to continuously upgrade and reinvest your property without paying property tax*cash flow- real estate produces stable dividends that you can directly control*control- I can control real estate I can't stocks, bonds etc*higher returns- class a properties produce us between 15-25% retune on our down payment Cons*price fluctuation*repair costs- dealing with handyman, currently looking for a new handyman as the one I thought I found in charleston is charging $200 an hour*dealing with tenants- they are your customers so it's important to Toe the line

We might make a few hundred more per month in a better area but it will cost a lot ot sell and buy again.

I am thinking of rehabbing this property and I was wondering if anyone has recommendations for a reliable general contractor in the Contra Costa county in California?

I had to replace a section of the fence (biggest cost), a minor repair to the AC unit, repair the garage door opener. 

Agree--tenant repairs can cost a lot (rather than save money).

Everything else being equal, your house being 33K more than a comparable would cost a extra $167.00 a month to purchase (30yrs 4.5%).

I'm usually around and available in the La Costa area.Thank you!

Can only send them an email.App folio seems to be used by the larger management companies and seems to cost a bit more.

I find it quite unique and could be give the house some character if paired nicely with a neutral or earthy colored siding.Ripping it out will cost a decent chunk of change$, you won't know what you will find underneath.