I adjust the capex to match the age of the house and the age of the major components. 

Wanted to get some Californians’ prospectives on the real estate market and owning property here during this current political climate and the overall situation in this state.

Taxes and Insurance: Do you foresee the tax and insurance being adjusted after the purchase? 

My goal is to reduce my Adjusted Gross Income (AGI) as much as possible to keep my student loan payments low.

Don’t know if this would help, but I just looked up an appraisal on a loan we did on a multi story  421 unit climate controlled storage facility in GA.The land cost (really appraised value, owner owned the land for long long time) was 17% of the hard/soft costs.

A good reason why  stucco and wood frame construction in a winter climate can be a disaster. 

You put money in your pocket every month and are able to reduce your adjusted gross by taking advantages of the tax code.  

@Josh Meyers I’ve heard that you can contact Zillow and ask them to re-evaluate or adjust it.

One benefit of the job is I have access to repair estimating software that can be a check on any repair bills and a network of adjusters country-wide that can provide real-world references on local contractors in any area of the country.Like others who have posted before me, we are anxious to get this endeavor off the ground but we are trying to be very realistic on the challenges we are going to face along the way.

I base this on political climate and projected industry expansion/contraction.