The unknown is a big factor that WILL cost you money in the long run.

However, the biggest challenge is dealing with well and septic systems, which can cost $15K - $75K to fix.

Here is my question...closing is in 5 days.

Population Growth: 49% Population Growth over the past 20 years, Sacramento has experienced a tremendous growth in population with individuals and investors alike coming in from the Bay Area seeking more affordable costs of living and lower barriers of entry into real estate. 

As long as there isn't any funny business before closing and you're familiar with the mortgage process you should be fine.If you have questions on the mortgage process, call me or basically anyone on this website.

It would also lessen my out--of-pocket on either hard money costs or cash I spend, so I'd have more to work with to acquire more properties.

Home in question: https://www.zillow.com/homedetails/120-Ramon-Cardenas-Dr-Del...Background:I'm closing on a 4-plex in a couple weeks that I will owner-occupy. 471500 purchase price using 0% down VA loan.

Replacement Cost:  the cost to rebuild the structure from the foundation up with the same kind and quality. 

I’ve already made some calculated evaluations in terms of the expected operating expenses, the mortgage, closing costs, and a 20% down payment. 

Take equity out of one property will cost me about 1K a month and with the mortgages on the new purchases, I will probably only cash flow 200-300 per home.