Carpet cleaner stated that carpet was so deeply soiled that it would not be able to be removed by steam cleaning.

Carpet cleaner stated that carpet was so deeply soiled, stains could not be removed with a steam cleaner.

Our goal is to make a nice, safe, healthy property (that cash flows) for people to raise kids in. 

Perhaps your tenants can get their animals to piss where the soil is dry, so it will be more moist such that it will absorb moisture when S/he hoses down the area.

Hope all is well and everyone is staying healthy and have a great New Years! 

We got this number just released.Here's projection for next year for nationwide housing appreciation:ZHI: 4%GS: 3%Moody: -3%So we know the gap between all models is about 7%, we also know that at most the projection from ZHI is the most accurate.We also know the Core inflation is 4%, Fed rate is 5%.So we could say, appreciation between -3% to 4% in 2024 is extremely healthy when the Fed rate is 5% and Mortgage rate is around 6-7%.As long as appreciation is lower than inflation/Fed rate, we are good.In contrast, if we have mortgage rate of 3% and appreciation is 7% , then it's unhealthy and the market is begging for a crash.The intricacies between Fed Fund Rate, interest rate and appreciation needs to be analyzed properly before we say something would crash.ps: just so you guys know, rate has to be lower next year that is almost guaranteed because gov interest payment is now higher than their military spending.

So if you're aggressively trying to build wealth and you have a steady and healthy source of income in your life, keeping your LTV as high as you can afford without taking uncomfortable risks will build wealth faster.Someday, however, you'll want to optimize for income. 

You want something, generally speaking, that needs some work but isn't too much to where you can minimize the risk when it comes to the amount of rehab, but is located in a market that can sustain a good healthy After Repair Value while providing rents that promote a good cash flow in the face of interest rates, property taxes, and insurance costs. 

I already had all the team in place from other projects (architecture, civil, structural, soils, geology, survey, historical) ... we've been at it for 9 months and we haven't even submitted final construction docs.That's one anecdotal example, but the pattern is clear - whether it's CEQA or Historical or riparian habitat or community plan or setbacks or parking or mixed use bonus that hits the FAR ceiling or phantom floors or utility undergrounding, there's just a lot to understand if you're trying to build anything more than a duplex on a single property within City limits.I only have development experience in SD City limits ... curious if anyone has experience doing this in surrounding jurisdictions (La Mesa?  

Construction and investing experience affects the terms as well.Initially the startup cost would be; secure the land lot, get arch & structural plans completed, professional services ie survey, soil test, elevation certificate, RESCheck (Energy Compliance Report), building permit, Impact fees, Clear lot, Pour foundation and go into framing.So you would need your own cash to get started.