Evicting tenants in Cali is brutal.

You may find lenders willing to give 8-10% on their notes.There is always a ton of money looking for a place to go and grow but the reality is they want low risk deals with large amounts of equity, which at this moment tends to be the hardest thing for most to find.

That would seem to have been a convincing step to make the deal a reality.

Zane, you need to separate guru folklore from reality, as for BRRR, better get with your lender first, know what they will do and when they will do it as to seasoning as well as how many they may do under those conditions. 

This mortgage included a flood insurance quote that was much lower then the actual ($35 a month placeholder when in reality it should be $70-$80) In addition, this mortgage had me paying the closing costs in cash(approx $9,000).On Wednesday 12/14, I reached out to mortgage guy and said I was uncomfortable with the mortgage payment.

The reality is that your buyers will be doing their own estimates before they buy anyway, so spending a lot of time on repair estimates is time you could be spending on finding more deals. https://youtu.be/Cqgz5OpqvNU

@Matthew Wright Sorry that happened but the reality is not all deals work out.

The reality is that roughly 80% of sellers are not going to want to take an investor offer.When you meet with a seller that does not want to take an investor offer, almost all of the time, they still want to sell.

The reality is that roughly 80% of sellers are not going to want to take an investor offer.

This winter is just brutal man.