The low entry costs allow investors to maximize their budget, while the expanding job market boosts demand for housing, creating opportunities for quick sales or rentals.

This is separate from the tax treatment of the insurance proceeds.Your CPA's suggestion of not doing a partial disposition and instead offsetting the insurance proceeds with the cost of the new roof might be less favorable in terms of tax planning.

As I have been building my foundational knowledge for investing, I am at the stage where I am also wanting to keep up with the market data that, so I may better understand the specifics of the market of my choice.

I will certainly be doing this in some form, I am just wondering if it makes sense to specifically house hack in San Diego given the cost, or if I should stay more liquid and invest out of state.Thanks so much for your response.

(made that one up) Look for what doesn't fit code.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

If your second home is located in a federally declared disaster area, you may be eligible for temporary mortgage relief options such as:- **Forbearance**: A temporary suspension of mortgage payments for up to 12 months.- **No Late Fees or Penalties**: During the forbearance period, you won't be charged late fees or have delinquencies reported to credit bureaus.- **Repayment Options**: After the forbearance period, you won’t be required to repay all missed payments at once.

As you build your portfolio, consider exploring markets like Austin or Phoenix..they're vibrant and full of potential.If you're ever up for swapping stories or diving into market insights, I'm just a message away.

With market rent in the area reaching up to $1,400/month, there’s great potential for increased cash flow.

I'm currently analyzing a potential rental property in Houston and trying to quickly estimate insurance costs.