If you're getting that much appreciation, you're in a hot area and anything decent is going to sell fast.

The zoning changes will make California a hot real estate market.

Quote from @Tonya English: Quote from @Nate Marshall: Quote from @Tonya English: Nice cordial people who mean well, but had the program for a year and they didn’t produce even 1 hot lead let alone a contract. 

Some things that went wrong were rather unpredictable, like an improperly buried wire for a sewer pump that the ground and hot wires began touching throwing the breaker.

I use Proper insurance, unwritten by Lloyds of London, for my STR - covers the extra issues you would expect from an STR like vandalism, alcohol liabilities, business interruption up $10k, hot-tub cooties etc.

.⚠️ Market Changes: A hot market today might cool down before you sell, which reduces the profit.⚠️ Financing Challenges: Hard money loans carry high interest rates that nibble into the bottom line.Unrealistic timelines: If you think you're going to be in and out in 60 days, you're sadly mistaken-most flips take longer than expected.Real Talk: Is Fix and Flip Still Worth It?

While you may be willing to live without heat/ac or hot water for a week.

Desert Hot Springs, CA. 

The biggest things for our energy bills are: how many ac units are on the house and do you have a hot tub.

LTR and MID term are hot now as well, we have more people that want houses than houses to rent to them.