The loan is short term, for 12-24 months and you will be expected to sell, refinance, or pay the balance in full at the end of the term.

Electric furnaces are the most expensive heat sources and one running full time emergency heat is ridiculous. 

Full gut renovation, including but not limited to full replumb, full rewire, complete mechanical upgrades, and new apartment finishes from studs.

My ideal time to have an appraisal complete is post renovation of the house, but BEFORE the tenant moves in.

Best wishes I did not do a full appraisal, just brokers opinion to get the PMI removed which was the goal.

My question to y'all good folks: Do you know of, or can you recommend, a company or brokerage that deals in property management in California that I could work for full-time and learn everything there is to know? 

This strategy requires strict compliance with IRS rules and may not be practical for all situations.This post does not create a CPA-Client relationship.

I would guess you need to have someone full time for atleast three months to start getting anywhere.

When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan I proposed to my husband:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.

I judge no man, and I find a lot of truth in Devin's original post.