I went down the wholesaling rabbit hole and decided I wasn't a fan, explored creative financing compared to my personal risk tolerance and logged it away for future potential use, found the BRRRR method and read just about everything posted about it.

In most markets and neighborhoods you can establish a pattern but in markets like these it becomes completely subjective by using the extraction method.

Curious to see if more experienced investors use other methods so will follow this post in hopes of learning from others as well! 

Unfortunately, you aren't able to choose different methods when determining basis.

Is anyone able to answer which is method is the cheapest.

I now plan to purchase a property here in San Diego that I can rehab and house hack (through buying a multi-family or building an ADU or another method).

Sorry I've absolutely combed forums looking for the catch in this method and I can't seem to find these specific answers..BTW, thanks SO much you both are insanely helpful. 

So I’ve locked in an affordable QUALITY contractor to be a part of my team, and from everything I’ve learned on BP, people and your team are key in being successful.

That being said you don't get that much "info" on the companies themselves at NARPM.org, just a listing of them.I can name a dozen or more quality PM's (all NARPM credentialed) that will do you a fantastic job depending on where your property is located.

Replacement cost coverage will be more expensive, but some insurance companies will only do that and not offer you other options.I think more important than which policy is the quality of the insurance provider and whether they will pay you out or not, or how easy they will and not fight you.