Play around with that with your more accurate estimates.Rentometer estimates that rents in the area for a 2/1.5+ are around $2500.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.

Accurate market analysis and conservative estimates are key.Underestimating Rehab Costs:Rehab costs can quickly add up.

Excellent point on the IRR, I haven’t built my spreadsheet out to accurately calculate that yet but I know it’s pretty high for the SoCal properties.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.

Additionally, the Courthouse Online platform is a helpful tool for property assessment data, including ownership and sale history; you’ll just need your property’s Control Number to get started.The Property Mapper is great for visuals, but it sometimes lags with the latest updates, so checking with the Recorder of Deeds or using Courthouse Online will give you the most accurate information.

I recommend getting a scope of work from your PM while you're still under contract so you have an accurate estimate of what your rehab costs will be.   

I not sure if this is an accurate strategy.

In my opinion investors buy properties with break even or negative cash flow and hope for large appreciation are taking a gamble.

Zillow's "Zestimate" (I understand its not exactly accurate) is roughly 875-925k.