The only other place I could look that has a growing population is an hour and a half south in Santa Rosa which is getting in to Bay Area Real Estate (read: loads of money). 

I definitely went higher on the maintenance and capex intentionally due to the age of the property but depending on what types of renovations would have to be done, they could be lowered.

Doing our first flip in Scottsdale Arizona and the neighborhood is a mix of the residents that are not quite senior citizen but near or at retirement age and families with teenage to older children.

If I have money in a bank and I go to that bank and ask for a statement stating that I have this money in my account such a declaration is easy to get AND it actually is less strong than my own bank statements on that same account that shows the money is aged.

The house was sold in October 2017.Last month (March 2018), the new owner reached out to my agent and said that the workmanship of the remodel was crappy and caused the leak behind the walls, and created mold to grow.

I started in real estate when I was your age 27 and I found a mentor that was a land guy with no real estate licence.

@Samuel PawlitzkiTarzana is growing at a faster rate but still a lower priced neighborhood than Woodland Hills. 

It’s my impression that the area is growing, and I see houses here and there that are being flipped.

Maybe your market is different but in the national markets I've worked in over the last 25 years, it's not the first and best option.What I've seen more often is that even when it starts out great, the reality eventually sets in, and tension starts to grow, when they go from being the stewards of their own castle, to the stewards of someone else's castle.I'm happy for you that your experiences were different.

Wanted to get your take and experience on the pros and cons in accomplishing this with two kids under the age of 3?