@Alejandro Lisson Ramirez Zip codes can be misleading because streets and neighborhoods can vary within a zip code.

Having some experience with condotela we are just looking to fully understand how it works in this mkt and state; but also understand it will vary from complex to complex too so we shall see!

Cap rate will vary with 20 unit single owner/manager, larger 100+ corporate owned, part of town, amenities, etc.

Most PM companies in the area charged lease fees that varied if I remember correctly.

Tax sale rules vary tremendously from state to state.

@Brooke TassoulIt probably varies by State, but I think sales tax is charged on everything if its a repair vice a capital improvement. 

Hey @Nick Pawlowski, I am a nurse as well, although I do not have an advanced degree yet haha.

I think it’s more common now to have properties with ADU’s per recent change in California legislature but need to know how each city treats ADU’s which varies across San Diego county.

@Sean LairdBanks will usually have a seasoning requirement to do a cahsout refi based on the new value after rehab.Seasoning requirement is usually one year of ownership.If you work with an alternative source you can get a cashout refi after 30 days of ownership based on the new value after rehab.Banks will take longer to do the deal may offer a low rate but not the best terms.Alternative source offer more flexible loans and rates vary based on loan type, ltv, dscr, credit, but they dont require tax returns.

I've read the same reports that the rental market is hot in Sacramento, but keep in mind Sacramento has lots of neighborhoods so your mileage may vary.