.- Insurability & Operations costs: Can be considerably lower (especially in comparison to CA) with most coastal regions there is much lower wildfire risk and the properties that are in flood zones, have surprisingly accessible and affordable policy costs.

The only issue I see is that the report from Onera Group only provided Fresno data for free.

Relisting involves certain risks, such as market conditions changing or not receiving offers as high as $3.15M. 

True foreclosures are high-risk and not for new investors.

He and I were talking the other day and he is willing to maybe take on a few more properties if needed, so feel free to shoot me a message.

Feel free to reach out.

:-) Outside the US I use the Corelogic calculator because our local insurance companies provide a no-frill version for free. 

However it would not be something clear-cut, so it comes with risks, restrictions, and it certainly requires a much deeper conversation than we can entertain on this forum. 

Not a big deal, but it is free money anyway.

Feel free to ask your questions in the forums.