Strategic Location: Ellenwood is a growing market with high demand for renovated properties.

One owner is looking to exit to middle to high sevens on yield on cost.Cap exits are high 5’s, low 6’s for some Class A product.Turnover cost projections should escalate: $500 first year, $850 second year, $1000 third year.Consolidation and density of BFR assets can be an issue for insurance companies.

The contractor has to live in the Bay Area, so their cost of living is just as high as the client's.I was daydreaming about dropshipping contractors into CA.

In terms of taxes, this is what I got from my CPA< but i dont think its still right, seems VERY high.

I did a lot of new construction in Charleston SC and did full gut rehab on 2 small MF>  built about 35 homes.. the prices in charleston are very high compared to say Columbus OH. in the order of magnatude to 2X to 4X per prop.. but its a fabulous city. 

Any recommendations or experience on good online banks with high APY for this purpose? 

Would love advice from those with experience on how/where to better market my home to get quality tenants in place quickly. 

Hopefully the high season does well.  

Until about 2 years ago I owned a custom wheel company that built one off wheels for high end/race cars.I currently daily drive a 2005 BMW 745i, trying to decide what to replace it with.

At $200, unless its almost new or a high end stove, you may want to consider a new one instead.