Keep in mind, taxes and insurance costs in California are higher than a lot of areas.

I have personally not worked on any of these but it does not seem to be anything too crazy.It's an FHA Loan that can be combined with other FHA products like a 203k.I am a Loan Officer for "Correspondent Lender" so I can operate under the rules of over 100 lenders...I would be able to place this in a few hours with 1 email...We would just have to make sure all the boxes are checked...Energy Efficient Improvements Must Be Cost-EffectiveThe financed portion of an Energy Package must be cost-effective.

One area that has caught my attention is the Pigeon Forge/Gatlinburg TN area - seems like there is a good rental income to acquisition cost ratio.  

@Yu Xiao, using that property as a short term rental during the time you own it will open up some additional tax saving potential as will doing a cost segregation study to take advantage of some accelerated depreciation.  

so - what are the ages of those items, how much will they cost to replace, and how long will they last? 

The negative is that the title ins can cost 3-4x or more than what traditional title ins will cost.

New Member here, I live in palmetto, I'm looking to grow my business, I'm new to real estate investing but not new to home investing, I own c2cmobilehomes.com amd sell roughly 400 mobile homes a year but all on rented land, I'm in the middle of my 1st real property investment, hoping it goes good and I have many more in the future, if there are any wholesalers in the area of manatee Sarasota I'm looking and ready to buy rehab properties... 

I'm looking to act as my own general contractor for a couple rehab projects, both of which involve adding a 2nd level to a 1-level home.

I would also like to take advantage of forced appreciation through rehabs to create equity with each purchase.

These are markets with somewhat to very affordable cash flow options that I have visted and loved and could see myself living for a temporary amount of time for a rehab/primary res, but don't have the minute data and information I am looking for.