I recently took a trip to Costa Rica to invest more money into furniture and decorating.

They tend to cost a little more but often I have taken the guy in the truck with the great rates and helped him get the right coverage.  

That's like asking "how much does a car cost?"As

Curious, what are other landlords are doing with the likelihood of Costa Hawkins being repealed.

I rather know who is in my buildings, tenants already in the building can be troublesome and cost a lot of money to get out if they weren't screened properly or if leases were not done correctly.

Each one has cost me an entire month of rent plus the cleanup and some repairs on 2 of the 3.So when it comes to rents, I would much rather price the house where I think its a good deal and will help keep a tenant long term than to get an extra $50 to $75 out of it and deal with the turnover.Not only is the cost a headache but the re-keying, re-listing, re-showing adds to the effort as well.So while I can see the profit potential in the bidding idea, I'm not sure its a good long-term model that you're going to really benefit from as much as you'd think.

May I ask how do you determine rehab cost as you said new investors overpay not knowing how to estimate rehab cost properly?

I have a condo that is breaking even in La Costa that we bought 11/2012 and lived in, fixed up and rented out.

BiggerPockets Podcast 100: The 1st Deal, Management Drama, and the Birth of BiggerPockets with Joshua DorkinProbably, the best story in REI.BiggerPockets Podcast 057: An Introduction to Investing in Vacation Rental Properties with Matt LandauLong term goal in Costa Rica.BiggerPockets Podcast 049: Real Estate Tax Tips, Jokes, and Loopholes With Amanda HanYou must know the taxes, you must.BiggerPockets Podcast 072: Managing Hundreds of Tenants and Getting Uncle Sam to Pay the Rent with Mark AinleyChicago investor.BiggerPockets Podcast 077: Negotiating Your Way to 1000 Wholetail Real Estate Deals with Michael QuarlesA master of negotiations.BiggerPockets Podcast 063: Automating Your Investing, Long Distance Rehabs and Spec Building with J ScottAn icon in REIBiggerPockets Podcast 088: Investing with Your Spouse, Managing Financials, and Growing Your Team with Matt and Liz Faircloth It takes two to tangoBiggerPockets Podcast 087: How to Thrive After The Collapse of a Real Estate Empire with Nathan BrooksBP should have more collapse stories.

A reverse exchange may be your best bet here, these cost a bit more to coordinate but figure a rough QI cost may be around $5,000.