To pull PMI, you are correct, when the loan goes below 80%.

Thanks @Michael Hacker  @Tanner Enderle I included the link to our September Meetup below.

Amazingly, the appraiser considered the new roof in his methodology and the house appraised for $135k - not including the rehab performed (below)!

So if you have a quick minute or two to read a message, either just comment down below and I'll send it to you or just message me and I'll reply back with the idea.Thanks everyone & I hope it helps someone.Cheers,Matt

Check out the story below..

It specifies two counties near me in the below, but most of SoCal will also be covered by those numbers.

The problem is that the rentals are way below market and the landlord did this in order to protect their tenants (friends) I'm guessing.

Just post your credit card below and I will set you up

That puts you in negative Cash Flow.The last thing is your 8.92% COCROI is below what I and many investors consider to be a good investment.  10% - 12% is more acceptable.The bottom line is you have not provided any information to support this as a good deal.  

@Aditya Namjoshi - see notes below.1) The BRRR approach is typically used for your primary residence so living in SoCal and investing out of state isn't possible (I don't want to sound negative).