“This is also a testament to the thousands of REALTORS® who came to Washington just a few weeks ago with a unified message.

Maybe Alabama cost will flourish soon.

This is an email I just received from their rep:"The initial appraisal cost would be paid by ReadyCap but the expense would be taken from any from the sale/refinance and settlement to release the lien.The plan would be to determine the amount of equity based on the updated appraisal and first lien and then negotiate a settlement with you for the release of the lien.

A cost segregation study was performed on this single family home in Fort Worth, TX purchased in 2023 with a depreciable cost basis of $272,633.

I would speak to contractors to understand what this will cost.

My big concern, like you, was the cost of property in California but there are some cheaper markets in state as well that have a lower barrier to entry than the coastal markets.

You can start by going to your county public works website and find the cost for tapping into sewer and water.

THe best I have seen is up to 89.99% LTV on a second meaning you'd still need to come in with 30K+ closing costs. 

Given the cost of placing a tenant and the vacancy, I'd want a 1 year lease and then go month to month.

U may want to try it and book a room and see for your self.. so for my trip to DC 3 nights cost me ( actually just checked) it was 60.00 extra 20.00 per night for 24 hour cancellation and half of  that for 5 days..