Price point very attractive at 80k ( compare to 120k for houses close by).

I am sure the electrical needs upgrading and I will need to add a bathroom to make it comparable (3bd/1ba).

ContactNotesHere is an example of compare between 2 lenders: Lender 1 Lender 2 What % of the ARV is leant out The lesser of Up to 70% of ARV OR 90% of Cost (purchase price + renovation budget) Up to 75% of ARV for rentals, 70% for flips What is the interest rate?

Compared to a hotel, all of them are a steal.

I'm a little late to the policy, but if it's a flip in the traditional sense (you won't be living in it) then it is not homeowner's insurance.

Any of the comparable properties I found were sold at $30,000, This one is in auction for approximately $41,000 right now (minimum not yet met). 

When I visited the City and asked the many brokers I met with about rent control, it seemed like a cakewalk compared to the rules that we have here in Los Angeles. 

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Would we get a comparable valuation with a portfolio loan rather than a commercial loan which uses CAP rates?

Unless you are living in the property, you arent going to get a rate in the 4’s from any traditional lender