Typically if demand increases and supply is maintained prices go up. 

Additionally, confirm the transfer won’t lead to property reassessment, which could increase taxes.

We decided to do a full rehab to get nearly double the rent ($2900)and increase the ARV to $260k.  

I do agree that operating costs (insurance rates) will not go down and may even increase over time.

They could also fix it on their own (as some of Scott's buyers do) , increase the value and sell it at higher price than bought, pocketing the difference. 

I can get 5 times as many deals without increasing my budget.

CA is an expensive market and regarding tenant laws in my eyes more complicated/difficult as a rookie landlord.

Capitalized costs increase the basis and depreciation deductions over 27.5 years.

It’s now estimated that Texas has 31.29 million residents, up from the 2020 count of 29.15 million.But Texas also ranked as the top state in the nation for domestic migration and natural increases over the past year.

But maintenance of a traditional hot tub isn't that difficult or hard to maintain.