The contractor has to live in the Bay Area, so their cost of living is just as high as the client's.I was daydreaming about dropshipping contractors into CA.

My background is in building, with a degree from TAMU in Construction Science, and I'm currently a project manager overseeing new construction and remodeling of high end custom homes in Houston.

Hey Mitchell, Doing a fix and flip in today's market with high-interest rates can be challenging, but it isn't necessarily a bad idea.

Don't get stuck on the high rent if it's not reasonable and/or if it's not making money.

But it can be done and whether you'd do it, where, what kind of properties you'd buy, ... will depend on your objectives, financial resources, knowledge, connections, ...Also, opportunities can be very different from country to country and within the same country, as it is within the US.Financing could be different, when available, but a 100% cash investment can be more profitable than in the US, especially given the high interest rates.My best advice is to be clear about your objectives and narrow down your options.

Super easy to do.Should I hang them on the side of the house up high or put them on the ground down low?

If your property was in a downtown high rise, walking distance to the Action then you would have a demographic willing to pay for it.  

Take that money and buy RE in other growing markets, stocks, bonds, index funds, high yield savings, or probably a combination of it all. 

You will likely be in the high 7's or 8's right now but my heloc went up several points in a short time and that could happen again. 

What Bruce says about new homes is accurate.New communities CCRs needs to be reviewed so you are not stack in a property that can't be rented out.ROI will be very los what I see in new communities is 10yrs in average, it will all depend on the time in the market.Another thing with new communities in those growing cities is that they are not investors friendly for LTR as the rent price tends to be lower than in other market.However there are plenty of opportunities in North Dallas, many other cities with growing population are great to invest.