Both boast great potential for all kinds of investment strategies.

For my portfolio at large, I budget for the 50% rule to be ultra conservative. 

In fact the 92024 zip code boasts of some of the most expensive properties in all of San Diego County.We are installing a 1x1 foot footing with an 18 inch rebar reinforced and concrete cell filled block and mortar stem wall  around the entire perimeter of the footprint in order to support the new interior drywall, exterior Hardy Board Cemetitous siding and a 12/12 pitched metal roof.I'd say that's a pretty safe bet considering we're going to have to spend close to 75k (our cost as contractors) to strip it down to the bones and rebuild it from the mainframe up to and including the roof.

I come from the investment banking background and I've met many individuals who are considered high-to-ultra net worth, and many of them have the capability to buy multiple houses in NYC but few do.

We had an ultra high efficiency furnace put in a few years back when we were living there so the yearly heating costs are fairly low.

I was reading the "Who pays $1300 for rent" thread and many of the replies mention ultra high rents in NYC & SF, etc.  

I looks like last year Home depot came out with allure ISOCORE which is apparently different from Allure Ultra.

We could have reduced the negative of the project by keep the budget of rehab ultra low or just selling out of the project but we went over budget on the rehab by adding a new bathroom and converting a room into a bedroom.

We all get spam boasting of "mortgages as soon as 1 day after bk!!"

@Shawn TompkePierce/Thurston Market: Ultra CompetitiveAverage Profit per flip: Depends on Investors.....