Metrics like 10-15% of ARV profit, COC, and the 70% rule all serve different purposes, helping you build expectations, safety margins, track leverage, and account for contractor turnaround times.In my opinion rather than overanalyzing numbers upfront, I would focus first on building strong deal flow.

This California law eliminates much of the red tape by bypassing environmental reviews and subjective local approvals, creating a faster and more predictable development process.

I am looking to make an offer a 2BR condo for use as a long term rental. List price is 320K and it has been on market for 60 days. The seller purchased the property as an investment property 6 months ago. Story I got ...

I'm looking for a market where I can park the proceeds from my previous property and create some cashflow.

Since you're moving out, you’ll likely lose the homestead exemption, which may increase property taxes—check local rules.

The 1% rule is best only used as a quick and dirty evaluation used to pick which property you plan on running additonal calculations on.

You will need to create new accounts.

And this might indeed require some time to pass before doing that.You could still create a single member LLC with either you or your wife as member. 

The 80/20 rule applies to most things in life but in Portland real estate it’s more like the 90/10 rule...10% of the agents do 90% of the work.

I look forward to seeing your progress and hearing more about how you continue to balance these ambitions with the pursuit of creating impactful spaces.Thanks for sharing, and best of luck as you continue on this incredible journey!