Hopefully kept good records of improvements / anything to increase the basis2.

You are already paying rent, so pay it to yourself to increase cash flow and accelerate savings for the next investment. 

@Bryan HartlenManaging low-end properties can be demanding due to higher tenant turnover, increased maintenance needs, and frequent rent collection issues.

It even states that the lease “will repeat itself” but doesn’t specify terms like figures or percentages for rent increases.

Pace was the only one I encountered who showed up live, who is living these deals out every day and consistently finding ways to deliver (increasing) value to his community.

You can find SF properties that already have in law suites, garage units, etc, and now legally rent those, so it should increase the appraised value significantly.

That method will increase your ROE significantly more.Also read the BP book on BRRRR investing.

FYI, a Cost Segregation Study will "not" increase your chances of an IRS audit.

Purchase price: $169,000 Cash invested: $33,800 Property was recently renovated to increase the value of the property and the cashflow What made you interested in investing in this type of deal?

However, San Diego is an extreme case.However rents increase fast in San Diego.