But, it rented within 1-2 weeks, for a little more than I originally anticipated, when I started the process.

I am personally investing in surrounding smaller towns where there are better margins and good anticipated appreciation potential. 

I'd fully anticipate the cost of this project to be around 300k all-in and I'm keen to understand how people are financing accessory dwelling units around the country, in California, and certainly in the bay area.I'm also very keen to understand how these ADUs are priced in a refi scenario.

Looks like next step is getting the GC licence sooner than anticipated to be legit.

Additional steps for protection you can take are: 1. require disclaimer for the pool use - it is your obligation to oversee + ID2. pool signs for depth 3. paint depth on decking + more signs than you think are necessary 4. signs on fence & on the listings for no diving + no life guard  on duty5. signs that the pool throw ring is NOT a toy Basically anticipate the worst and it will mitigate a lot (not all) of the crazy things people could do. 

Below is a breakdown of the median sales price during each month last year.2023 Median Sales Price for Detached Single Family Houses - Rose by 11% since JanuaryJanuary: $849,000February: $900,000March: $940,500April: $952,600May: $955,000June: $1M July: $990,000 August: $1,025,000September: $999,000October: $964,000November: $980,000December: $949,0002023 Median Sales Price for Condos/Townhomes - Rose by 10% since JanuaryJanuary: $590,000February: $616,000March: $635,000April: $640,000May: $640,000June: $650,000July: $641,000August: $677,000September: $660,000October: $667,500November: $667,500December: $650,000Looking Ahead:As we embark on a new year, it’s essential to anticipate how these trends might shape the San Diego real estate landscape in 2024.As we all know the fed increased interest rates to help fight inflation, but now that inflation is starting to get under control, signs are pointing to interest rates coming down in the Spring of this year.A cut in 2024 would be the first since the early days of the Covid, when the Fed slashed rates to near zero to bolster the economy.Of course, there’s still ample uncertainty over how soon and how quickly the Fed may cut rates this time around, but you can bet that once they start coming back down the buyer competition and mutiple offers will return from the days of 2021.If you have additional questions about the market or data on a certain zip code, I'd be happy to help.

Anticipation is high for additional large-scale employment announcements, including the likely move of the U.S.

To be honest, it's taken a little longer to get going in that market that I had anticipated.

Hope this helps...get that utility worksheet - it's a greater expense than I had anticipated.

Conway and Bryant/ Benton are harder to cash flow bc they are higher in demand and growing but you might anticipate having greater appreciation there.