By the way, there is a possibility I may sell this home, but that has not been decided yet.

So I decided to jump in with both feet and purchased my 1st investment property (SFR 3/1) about 6 weeks ago. 

Since you live in Milpitas, with regards to your Prop 13 tax basis, if you are 55 years of age or older, check with the Santa Clara County Tax Assessor.https://www.sccassessor.org/index.php/forms-and-publications/forms/60-ah-transfer-your-assessed-value-prop-60-90When I sold my long-time San Jose home three years ago, I considered my tax basis transfer options if I remained in California, but decided to retire to a state with a lower cost of living and no state income tax.

Just was wondering if others get freaked out like I do when big stuff occurs....guess I need to fix anyway if I decide to sell down the line....just trying to get different opinions on what others do...

As there are so many variables for an old house, I decided to look for a new construction. 

The loans we are deciding between are the Fannie Mae Homestyle with the Homeready (to bring the down payment lower) and the 203K loan.

I've just about decided that I need to hop in the car as soon as I see something promising, drive by it, and make an offer if the thing looks okay from the outside.AND I need to work on getting an off-market pipeline running.I'd appreciate anyone's thoughts on this kind of situation.

I first found the podcasts once I decided to buy my first property, which I close on in a couple weeks.

And both values must be calculated using software so it isn't any harder to determine their values (besides deciding your safe rate and reinvestment rate).I appreciate the importance of IRR as a form of training wheels since the concept is already difficult to grasp; someone learning shouldn't try to jump straight to understanding MIRR.

People believe the media and decide Auckland is unaffordable.