The electric company remounted the entrance cable, but told me I am responsible for repairing the damage to the feeds and meter bases. 

It’s all based on the numbers and your long-term goals.

Since you're based in Los Angeles and looking for more budget-friendly markets, you might want to consider states like Arizona, Nevada, Texas, or the Midwest, which generally boast lower property values.

He's bought over a dozen single family properties over the years (for vacation homes mostly) and he said every single time he just called the listing agent directly and got it done.I know most people generally frown upon this because the buyer agent is supposed to help get a better price, negotiate based on issues w/the house, etc.

Hey @Robert Johnson, so 3k net cash flow is doable but that will be based on your purchase price.

Happy to touch base separately if I can answer any followup questions.PS @Jonathan Bock - Absolutely stoked for the March release!

Is it worth getting another appraisal to potentially have lender remove PMI based on renovations?

Loan is based on average rents in the area on the appraisal rental analysis.

I'm based in Maryland, where I currently own a few buy-and-hold residential properties alongside partners.

Based on this information, I highly recommend this applicant for your rental."