It’s essential to do thorough due diligence and be ready for potential renovation costs.Starting in California makes sense since you’re local, making it easier to manage your first property.

You can't compare those properties so what you are doing is looking for a diamond in the rough without doing the due diligence.

@Max Bellino - it's good you are doing your due diligence before ponying up the money, but do you have assets to protect?

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

Think of it like, take a fixed return on your money, and stay silent, but do your due diligence on the asset.

Many investors have shown preference with avoiding tsunami zones and high risk flood areas as well as greater clarity on anticipated insurance costs as part of their search criteria and due diligence. 

Of course we will do all the inspections and due diligence) Th goal is to fix it up a bit and cash out refinance it.

Networking can provide valuable insights and opportunities.7) Get Pre-Approved for Financing: If you plan to buy property, secure financing by getting pre-approved for a mortgage or exploring other funding options.8) Start Small: Consider beginning with a smaller property or investment, such as a single-family home or a small multi-family unit, to minimize risk.9) Conduct Due Diligence: When you find a property of interest, perform thorough inspections, research the title, and assess potential for appreciation and cash flow.10) Take Action: Once you're ready, make an offer and start your real estate journey.

Hello,If I purchased a SFH with an investment loan (i.e. not primary home loan), and it's been over 2 years since I got the loan can I transfer the loan (presumably the buyer needs to go through all the same loan due diligence from lender) to a buyer that will use the home as their primary or secondary home?

If you have that team, you can make it work without a visit.If visiting isn't possible, put extra effort into the due diligence.