Purchasing MHCs in neighboring states that have more business-friendly regulations could prove to be the key.And, of course, who can forget the good old cost-of-living and supply chain crises?

A bent aluminum gutter shouldn't cost more than $100-$200 to replace and it isn't justification to break the law.

A great PM is going to cost you 10% and your repairs will also likely cost more.   

This would cost 10-12k and 2-3 months to complete2.

We welcome any suggestions or insights you may have.Additionally, if anyone has information on the approximate cost of building a duplex and triplex in California, we would greatly appreciate your input.To provide context, neighboring properties in the area we bought offer insights into the local housing market.

If you truly need to refinance, you may want to look into a bridge cash out loan and have the permit cost as the budget + any other rehab you still may need to do to get this fully permitted.

Partner Driven added value to the Ashe Park Rd deal through effective negotiation and market expertise.

My main concern is the limited cash I have available for the down payment and renovation costs.

It lets you borrow against that equity to help finance a down payment or closing costs.

This deal showcased our effective renovation strategy and commitment to delivering profitable outcomes.