What a kick in the teeth. 

I predict that in 2 years rentals in California will be as scarce as hen's teeth.

Will this take on any traction whatsoever?

Multiply that by 10 or 20 or 50 and you can see why so many landlords took it in the teeth in 2008 and beyond.That's why I've been sadly shaking my head over the past two years whenever I'd see folks do deals with a whopping $68 in monthly cash flow.

On Sunday I didn't brush my teeth till like 2pm, that can't be my new norm.

Getting my teeth kicked in was the best thing that happened to me.

The payoff amount for the mortgage would be around $86,000 and the current monthly payment (Principal + Interest) is around $2300.My HELOC currently has no balance whatsoever, and has about a $230k credit limit with a 4.49% interest rate.If I were to take $86k from the HELOC to pay off the mortgage, I believe the monthly payment (interest only) would be around $436 per month.My current job is stable for the moment, and I do have some cash reserves.

I'm sorry, but if you don't understand the foundation behind appraisal in the first place, your little conversation here is nothing more than entertainment and will not be productive whatsoever, ever.Mortgage appraisals are for the use of the bank to assist them with regards to making a decision concerning a mortgage loan transaction.

I cut my teeth in the lending business helping home buyers and investors finance fixer uppers.

Just like a lot of people, 2020 kicked me in the teeth and squashed my plans.