CA has opportunities for larger projects and MFH appreciation is nearly second to none! 

We currently own a single rental unit which we completed a full renovation on in 2021. 

I currently live in CLT but have worked on a liot of projects out in socal  

The investor didn't want a personal rehab project, and everything that was fully stabilized seemed to us like it was priced pretty aggressively.

It's hard right now to project occupancy rates with this new influx of nice inventory. 

I own a small house in Arkansas that I rent out primarily to nurses (intermediate-term rental) and have a construction company that is doing a local project and wants to house one of their crews in the house for 3 months. 

What's the difference if your projections are off by $5K in year 1.Part of this is in how you phase it. 

Finished renovations in the beginning of November 2019 and sold a day later.We felt like the kings of flipping...until we went into flip 2 & 3 where we learned hard lessons.

My initial intent was to sell the property to another investor to increase my capital and invest that into other projects, but I have changed my mind and want to use it as a rental.

That being said I understand the difficulties of property management and renovation in these areas.