However will I be biting off more than I chew with this one? 

Good to know as I have a property coming on the market and we had one off market offer already all cash but at 10% list price discount (which we most likely will reject).Curious if you think the california fires will assist the market since many of those people need places to live for years and I am guessing some will flee california?

Quote from @Surya S Kumaresan: Hello Folks,Hope 2025 is off to a great start for you all!

One of the things I'm trying to figure out is if I'm better off getting a few lower cost properties or on higher priced property. 

Off market deals usually have nonrefundable deposits and a clunkier process that isn't as suited for out of state people until they have good contacts in the area to evaluate the property (mostly contractors that feel comfortable evaluating projects for you).

Now off to find a tax professional and get things in motion before it's too late.  

My area for example has to have certain signage and an emergency shut off button located directly by the hot tub. 

I am leaning toward removal because the floor is run down, the risk of increased pests or feral cats, and there is already a storage closet off the patio.

If you buy a whole portfolio and your projections are off then you are potentially in trouble. 3.

That helps you recover some of the money so if things proceed to a lockout, you're not as bad off financially.