I am not allergic to doing work as I have a lawn care business which is labor intensive.

Unless you have a way to source off market deals or have a crew to provide labor for below market value, you're kind of relying on hope and luck to find a deal that works.

Are you able to reduce your expenses quickly and easily if needed?

Thanks Sarah, I don’t see much house hacking going on in Essex or Dundalk in terms of listings on Zillow or FB so my concern would be finding professional adult roommates that want to house share in that area. i’ve been following a lot of the midterm rental groups in Facebook and the consensus is that contracts have decreased significantly and hospitals are using more local labor pools.

Limited labor and resources : Unlike the catastrophic fires in Lahaina Hawaii there are significant resources in Los Angeles to contribute to recover, but quality contractors, tradesman, plumbers, electricians and laborers have long been in short supply.

Additionally, many states offer property tax exemptions, significantly reducing expenses.

Do the math and you'll see it doesn't make sense.The best way to invest: increase earnings, reduce expenses, and save.

Step up in basis to reduce your heirs' taxes and morePlus the real estate tax "deferral" can end up being permanent if played correctly

I have spreadsheets filled with material lists for every phase of the build that includes pricing for materials as well as labor, and sources that I use for them.

I would also add, a contractor that you can buy materials for and they know how to put them in with little to know direction (reduces the management time of the project).