My wife and I would love to see if somebody would be willing to let us look over their shoulder on a fix n flip project in the northern San Diego Area.

I have a couple of rentals in Gulfport and N St Pete I bought in 2012 which have a small positive Cash flow and have appreciated in value a decent amount.

As for fix n flip, you would have to be a lot more selective on the properties and most will have to have a creative renovation to create something unique.Would love to discuss your options if you have some time, let me know, thanks!

Roy N.

There are still opportunities in the N Chas/Summerville/Goose Creek/Ladson areas under 100k, but the numbers are very thin in those ponds because there's a lot of competition in the lower priced properties.

Originally posted by @Jamie N.

Full Property Address is:1160 13th Street N Birmingham, AL 35204Current Listing Price: $185,000Number of Units:22 of which 8 are occupiedCurrent Day Rents at 08/22 Units = 36% Occupancy:(196*08=$1565 per month / $18,780 a year)Valuation at 36% Occupancy:$84,000 - $92,500 ( I would offer this price today since this would be based on the current rents which are abysmal probably due to a landlord who doesn't know how to market and to rent out to the region $200 rents are way below market rates) (Analysis in excel sheet - link below)Prospective Rents at 100% Occupancy:(500*22=$11,000 per month / $132,000 a year)(600*22=$13,200 per month / $158,400 a year)Valuation at 100% Occupancy:$1,215,000 - $1,225,000 (Analysis is in excel sheet link below)Projected Repairs: I currently don't know since I don't have pictures of the interior, but I've factored about $75K ($3500 per unit) for repairs since I don't know the condition of the interior.

Maybe Brian will chime in he was/is a very large trustee buyer in N CA... with a lot of war stories and wounds and a Lot of good outcomes for him and his investors as well.

On the surface they appear to meet my requirements.....except for the credit...they have none, the response came back as N/A!

Originally posted by @Gabe N.