With that being said we tend to see a lot of CA buyers relocate here for the lower cost of living including lower home values, property taxes, insurance, no state income tax, gas prices etc.

Definitely going to consider everything including your last point about 0% interest credit to actually execute the flip and get materials/labor.

Is an estimate with no cost breakdown a red flag?

So if you move your IRA assets to 401k, including both rentals - you can finance them in the 401k and be exempt from UBIT.

Would be curios if folks have also just included the cost of utilities at this price and left it unpermitted.

Vetting Potential PartnersOnce I find a potential partner, what are some key questions I should ask or red flags I should look out for when vetting them?

Including a self-canceling clause in the note ensures the balance is forgiven upon the parent’s death.

Cash flow is defined as the money left over after paying for all expenses, including setting aside a certain amount to cover projected expenses like maintenance, vacancies, or capital expenditures.EXAMPLE:Property Price: $250,000Down Payment (25%): $62,500Loan Amount: $187,500Interest Rate: 6.5%Loan Term: 30 yearsMonthly Mortgage Payment: $1,185Monthly ExpensesMortgage Payment: $1,185Property Taxes: $250Insurance: $100Maintenance (10% of rent): $250Vacancy and CapEx (20% of rent): $500Rental IncomeMonthly Rent: $2,500Total Expenses: $2,285Cash FlowNet Cash Flow: $215 per month 💰However, there are many other factors to consider.

@Brandon Stelling As a military veteran with 100% VA disability benefits, you can leverage VA home loans to purchase properties with no down payment, no PMI, and favorable terms, including multi-family properties for house hacking. 

I have said it multiple times including on BP,  "Buying property at Tax Sale is the most hazardous way to buy real estate."