Our utility has been cutting power every time there is a red flag fire danger her now because of that, and they are also rapidly replacing old poles and requiring new lines to be buried etc. to avoid getting sued like PG&E did.

I've been stuck on trying to analyze and find deals but it gets very complicated trying to understand how to analyze a great deal for me.Well, IMO you need to take another look at your goals.....You want to retire by replacing your W2 income in 4 years?

Take up the floor from inside the house and excavate the clay and replace it with something sandier that percolates better.

We help our clients:1) Find a fixer-upper to buy2) We get bids3) Negotiate a Scope Of Work with the owner using "Maintain to the Neighborhood" to avoid over-improving, but understanding we will have to pass city Rental Inspection to avoid being a slumlord.4) Provide multiple jobsite videos to show progress and document WHAT was done and the QUALITY.5) Handle passing city Rental Inspection6) Find a tenant with a Replacement Guarantee per Class7) Assist with refinance, so client can repeatSo, why you looking OOS again?

Consider that a few big expenses (ie. roofs, HVACs, etc) are often taken care of for a little while, since they are replaced as part of the reno in a few of these example properties.Thank you all in advance! 

Btw, about the need for rehab, I'm talking about what I think should be fairly straightforward things, like replacing carpeting, repairing drywall, but not a complete gutting and remodeling.

Ended up with negative cash flow due to replacing an air conditioner. 

The EPA wants all lead pipes replaced, period.

When I have provided it, I write it in the lease that it's not included in the lease and I'm providing it as a courtesy only and if the tenant wants to use it they may and if it breaks down, I won't be replacing it.Allen

There is nothing that replaces a live conversation with someone who has already built that trust with the sponsor over time.