So I paid a tax pro to do my return, first year was fine, this year she took my money and ghosted me.

You also have to take into consideration this is a condemned building, so you will need to get permits for all the work you will getting done on the property, Also, given that this is SV and not a prime area on the west side your ARV will not be high.

Althought rents are high, there is a concern that rent increases are not going to keep pace with the increasing expenses that landlords are facing.

I highly recommend taking your deal(s) to your local meetup.

We had a recent FHA quote with 3.5% down in the high 5%’s..What do you expect from the purchase and refinance markets if rates drop by 1%?

The housing price is so high compare to the rent. 

Hello,A good rule of thumb in NC I tell my sellers about: if we get lots of showings in the first 2-4 weeks, but no offers, the price is too high by a good bit (15-25% estimated).If we get showings, and one low ball offer, the price is a little too high (5-10% too high).The longer a property sits on the market, the more likely you'll end up accepting a lower price ...better to go ahead and do a price reduction now and sell it faster, than letting it sit and eventually the market will do the price cut for you. 

I highly recommend.

I hope to learn quickly and over time provide value to them in return through future deals.I'm of course open to recommendations, referrals, criticisms, and advice. 

Hi @Mike Lambert,Curious, how come you can’t boost returns as effectively with leverage in Spain vs the US?