Thus, no PMI.

This marks Bascom’s sixth acquisition in 2024, further solidifying its strategy of investing in high-demand markets.Despite a challenging market with high interest rates, Bakersfield’s strong multifamily fundamentals, including population growth and limited housing supply, have made it a prime investment location.

Be aware of the costs as you'd need plumbing (water and sewer), electric and possibly a separate meter to the new unit.

Best areas for low acquisition costs, occupancy rates, property appreciation?   

The property appraised at $25,000 over purchase by comparison method and around $60k over by cost method.

This is easier for someone who earns a fixed salary, no overtime, no complicated pay structures, not a business owner, etc.   

Having trouble analyzing this deal as there are so many variables and I do not have the experiencing analyzing deals to make me feel comfortable taking the risk.Purchase price of the land would be $250,000 not including closing cost or fees, and construction for a new 3/2 home with an attached 1/1 ADU is estimated to cost around $300,000 - $400,000 finished.

There will be no perfect market at a perfect time, EVER.

As long as you login to their app through the pro area it will recognize your membership and should give you the software at no cost.

I stumbled across private lending and was amazed at what borrowing money did for my investing (the supply of leverage).