Hi Carol,It sounds like you need a little vacation!

It isn't a complete waste.

We bought the property on 3/8/2024 for $315,000, expecting an ARV of $315,000 after addressing a foundation issue and completing renovations.During the inspection period, we received a quote of $16,284.72 for foundation repair and $23,800 for subsequent renovations.

I've been researching and see a few credit unions that do "ADU loans," where they'll assess property value after construction complete, then loan based on that amount.

Sounds like you haven't seen the turnover yet, but when  that happens, you will understand more.I'm not going to lie.

I love San Diego and also like doing Real Estate in San Diego. i am planning to figure out how to become a real estate professional along with keeping my W2 job as long as the Stadium Company does not fire me. i want to have a backup as my spouse also have a W2 and so if i get laid off i can be then consider full time real estate professional and then focus completely on my RE journey.

Lack of cash / over leveraging sounds like the concern from what the post states.You could flip but you need to know the market your are flipping in and time line rehab is going to take.

How do I delete one of them completely?

On the Commercial/Private Money side, this is a completely different story.

Will the jays of the world (Don makes no comment on this, so let's leave him out) provide the complete training for free and will they answer the difficult questions when they arise?