an damaged microwave , it smoked from overdraw with running 2 freezers off a unauthorised surge strip outlet on 15 amp an extreme overloads with 6 strip outlets an wires running out door [ many major  fire codes violations] Can the cost on electrician ,that proved the circuits were overloaded   - [an he warned her on nec an fire  codes  an dangers of her overloading outlets, an  the wires going out front door]    on that 15 amp she illegally ran a strip outlet w freezers  an other circuit w 15 plugs on 1 -- be deducted along with the microwave replacement cost since it popped an smoked kicking breaker by her unauthorised freezers?

Quality skiing 30-60 minutes away. 15 minutes from excellent hiking and biking trails, golfing, etc..4. 30 minutes from Newbury beach and 15 minutes from Canobie Lake ParkIt's tough for me to gauge the attractiveness of vacationing here since I've lived in TX for over a decade.

CA as you know is very tough on landlords overall. 

Once you do this for a year or two and prove you know what you are doing and that it does in fact make his life better you can approach him about seller-financing.

If you do not know how to do any of this, you will have a tough go at it so i suggest learning or hooking up with someone familiar with this process.

That is not even enough to clear mortgage insurance requirements, so could prove difficult to pull cash out.HELOC is likely not an option either.

Understandably it's a seller's market so I know it's tough as it is. 

The market is tough right now but with the right strategy you can still make it happen!  

HELOCs may be more beneficial if you plan on repaying the loan within a few years.On the other hand, if you think it will take longer than a few years to repay, then it may prove more beneficial to do a cash-out refi at a lower interest rate, fixed, and spread out over a longer-term.Hope this helps,Alex Roter / Loan Advisor

Right now finding a cashflowing househack is tough given high market prices.