That I have discussed extensively here.

We paid $48k, did an extensive rehab, and put a tenant in it.

The financing took a bit longer than usual so the wholesaler agreed to extend the contract so I signed an extension with him last week.

We are located in Vacaville, CA and plan on starting in Solano county; but we are willing to look further such as Sacramento and the Bay Area.

Hello,I am new to BP and have found a lot of very useful information, I am located in the Northern VA metro area and would like to learn while adding value to someone's REI team.  

I did  extensive research, contacting multiple construction companies, estimating materials + labor.

It puts a lot of pressure on reality that a good deal in a good location will cost more up front than overtime.

So you need more money at the get go to make them work. plus these properties are in locations that are up and coming/desireable, are expensive to build new housing in/don't have open space, etc. that's why they gentrify, because they are near more expensive areas.

It's located close to an affluent area with a good amount of middle class jobs that is currently experiencing a housing shortage. 

Rather than the time extensive 25 cent raise I can look forward to netting after a year of hard work..