You want to hold commodities (houses, gold, silver, land, wheat, canned spam, etc) when inflation is rampant.

Our rules are super-strict, but that's so we can keep out the spam and ads found in more forums. 

Most people say don't buy for appreciation, but I've seen sharp folks with deep pockets buy in hot markets with negative cash flow because they have enough money to gamble and still survive if they lose, because they are banking on that appreciation. 

We get a ton of spam in there since we have about 3,500 members.

You, on the other hand, seem to be gambling a lot more with that $60-120 quote rehab quote you're working with.

If you're willing to gamble that it will appreciate more in 2016, *maybe* you hold it another year.Take the tax-free money and invest it elsewhere - stocks, a duplex, something out of state...

If you buy in CA with the speculation of appreciation year after year after year, then I believe you are just gambling and not looking for the long term wealth.

Lots of spam on the forums. 

Seems to be your current process is working so it'd be a gamble to switch it up.

You are gambling when you buy a property that is costing you money every month to own it and your banking on appreciation.