Most investors that get an inspection find that their projected rehab numbers get adjusted after the inspection is completed.

If you are willing to adjust the business model, I'd be interested in as much of Orange County as you have available.

You need to be constantly be making minor adjustments and changes to build presence over time.

If you do stay, examine your motives and adjust.

You can use your 401-K account to support cash reserves (they may make a tax-related adjustment )Organize your data in a professional manner when submitting to underwriters, as this will help and there is some subjectivity involved, such as if you're trying to explain why a large repair bill on your Sch.

OTOH, if you're in an area with only a few sales, or the houses are diverse, then the appraiser will have a harder time and will have to make more adjustments.

If someone would like to build a similar spreadsheet the concept is simple - have a tab that you can paste a direct QuickBooks download (without having to adjust the formatting).

Adjust for 5 years and add in some profit and $180 per square doesn't sound too bad to me (16 x $75 profit = $1200).

With stock trading, you can monitor your results every minute ... even every second ... with great accuracy and make adjustments.

Play the markets smart now, and adjust as required later.