Less money spent on supplies, less wear and tear on your place, less money spent on utilities, fewer guest headaches, etc.Bottom line: there’s a LOT of puzzle pieces you have to get right to make this work really well, but once you master it, it can be very rewardingI preferred to invest in the year-round high revenue parts of the US where you can earn a lot of money year-round.

There are currently only 1.3 months of supply which will continue to drive prices up.

There are currently only 1.3 months of supply which will continue to drive prices up. 

, there are only 3 main criteria to trigger a buyer's market.1) Excess supply of housing - Once Covid hit, construction grinded to a halt, this resulted in a short supply of homes coming online. 

It's great that you're benefitting from the crazy appreciation in your market right now, but that's a result of supply and demand.

There is currently less than 1 month of supply which will continue to drive prices up.

If your goal is to build long term wealth through SFRs or small multi family properties, San Diego is going to be one of the better markets in the U.S: Low Supply / High Demand, high appreciation on already higher priced RE, resilient & diverse economy, & tons of expected future growth for the foreseeable future. 

The bank/lender will provide you an approval letter so that you can supply that to the seller/agent to show your qualified and at what amount. 

I’m more in the Modesto area, however, recently, have had to make trips all the way to to sac to stock on chlorine tablets, there is a shortage because apparently Louisiana hurricanes destroyed the plant responsible for a large portion of the overall supply.

When I run the comps from 6 months to a year ago I'm finding that the ARV is less than the 70% rule because of the fact that the homes that sold in the past 6 months to a year sold for less money due to supply and demand.