I would definitely get another quote for the work as that sounds high but would be a permanent solution in place with peace of mind moving forward. 

I completely understand the want to preposition themselves into real estate as it's more stable.

It sounds like you have answered your own question.

Sound great.

Thank you, yes I'll definitely go to Sacramento area, it does sound it's the best option.

It’s 100% bonus depreciation for properties placed into service in 2017-2022, 80% in 2023, 60% in 2024, 40% in 2025, 20% in 2026 and completely phased out in 2027.

Assuming you are keeping fairly apprised of debt options and interest rates, if the T12, cap rate is less than your interest rate, I would personally move on (exceptions apply if rents are several hundred behind market rates)These are three quick ones that shouldn't take more than 10, maybe 20 minutes to quickly determine and you don't even need a simple or complex excel model to complete.  

Hello BP,I came across Temple View Capital and of course was amazed.... the first draw available before the work is completed???

If it is completed without permits, you can likely report it to the City. 

so I've found two properties that im currently interested in one a SFR thats completely gutted, and a 4plex that listed at 30k about market decisions decision...