I have a close buddy who lives in LA, I would likely trust his judgement if it came down to it - but I would still get to know the area more.I dont think you are ready to invest out of state if you havent invested yet in yours.

For example, you can write something like:"Spoke with GC for 1 hour regarding renovations for STR property, discussed scope of work, timeline, and cost estimates." 

Most likely, we'll be building a duplex ADU with both units being ~800 sq feet. 

I looked it up and it seems like you might be screwed either way, even people who had Flood Insurance are having claims denied because of the 2 storms having different types of damage.

Do you know if I would be required to help them with moving costs like a month of rent, or 2 or 3 months?

My advisor suggested that at my stage of the game, 8 properties, it likely made more sense to keep the extra money available or in the business to use as emergency funds or to accumulate for another down payment.

Hey Shelby - You are correct, turnkey properties don't get the lime light like flips / brrrs get in general within the BP community. 

I would like to convert my current primary residence to an investment and rent the home.

.- Use tools like the BiggerPockets mortgage calculators to see how different interest rates and loan terms affect your cash flow.If you have more questions or need further guidance, feel free to ask Good luck with your duplex venture

Are you happy with your brokerage or are you curious what it’s like at another brokerage?