Owning a lot of cheap properties with crappy tenants is a great way to lose money.

For more info, check out the law itself AB968: https://legiscan.com/CA/text/AB968/id/2764362 https://www.car.org/riskmanagement/qa/New-Laws/2024-New-LawsAll of the "owner-builder" folks that would get permits for work and then hire unlicensed, uninsured, discount companies to do the work for as cheap as possible will pivot. 

Hi Everyone  I'm new to real estate  investing and I want to buy and flip homes I'm currently trying to save money to buy my first property and also build my credit what would be some good advice to invest in my first home an how much should I save and also how can I follow  or identify target markets  for cheap houses and good market  and what website  could I use to analyze the market in my area.

Well I've been expecting the downturn for several years now, but seems they postponed it with super low rates and cheap Covid era money.

However, options can probably be used to flip properties for smaller profits and less risk on a more continuous basis.Purchasing properties (hopefully) cheap, keeping them in inventory, and selling for profit when the opportunity arises is much more difficult.  

Cheap projects, decent appreciation. 

Properties like this interest me because of their cheap price and fairly high rents.

You'd be shocked at how cheap it is to get a container halfway around the world. 

Also, even on a fixed 30Y with no extra payments, you’re still paying down SOME principal (maybe like 5k in Y1 in this scenario).Although it’s nice to have the liquidity of 1L the heloc, I believe 2nd liens are still pretty cheap and fast to close.

Have a few people who may consider it but it would have draws on funds to complete - it would not be cheap at all as there is not a great spread