@Terrel Marks thanks, I made sure I used the non-primary residence property assessment ratio of 6% vs  4%.

Does this affect tax assessment in any way?

Progress through a partnership is better than plateauing because you refuse to share a deal.

tax rate in CA  is about 1.25%  same as Oregon and that's on assessed value which is less than what yu paid or market value..

., there are many factors that qualify one as a "good" underwriter but I would say try to find someone who is familiar with the market and its expenses. e.g. how aggressive is the tax assessment?

I am looking to get some(or a lot of) motivation and learnings in RE Investing and hoping all the W2 earners making progress towards the dream of FI can help me.I know you all have limited time so I really appreciate you paying it forward and I hope I can be helpful by sharing the synthesis of all my learnings in the very near future.Just to break it down, looking for simple answers to the two questions below :)1) What is your cash flow income per month right now?

I'm curious what area you been honing in on and assessing for recent flips. 

It knocks $45,000 off of your assessed value, which equates to about $650 is tax savings each year. 

@Remington Lyman  I hope you meant 50% higher rehab costs.Every deal looks great with a 50% higher ARV, but that is almost certainly wrong and would get one in serious financial trouble if used for assessing deals.

there are probably guys that can put the property back together for $60k, but I would look at their scope and background very closely.I've seen dozens of guys get burned on gutted properties they think will cost $50-60k to get rent/sale ready...maybe this is who you want to flip your contract to...just watch the progress and be prepared to snap it back up when they run out of money.In reality, you should have an architect/engineer on the scene to develop the scope and construction cost estimate.