My apologies Kathleen, I am not on this platform very often.

Once we have it set for rental, we plan to What made you interested in investing in this type of deal?

This new property is roughly 1,600 sqft, with 3 beds and 2 baths.We see this as a unique opportunity, especially considering how rare it is to find this price for new construction in the California market.

What kind of actions would you guys take to get this to cash flow in my situation.

I am trying to balance my overall portfolio and would like some advice on how people would balance this if they were in my shoes to in order to reduce risk and increase overall gains.I currently have 2 rental properties and 1 primary residence as well as cash and brokerage funds.My main questions I’m looking for thoughts on are…- What percentage would you keep in reserves?

Has anyone else gone through this process of rezoning and can provide me with some links/guidance on the process? 

there is more to this than just saying this is C or D class..   

Any tips about any step of landing a contract would be much obliged!

This can reduce labor costs, but be mindful of the time commitment.Leverage Economies of Scale: If you're working on multiple flips or rehabs, bundling similar tasks or projects together can help reduce costs by hiring one contractor or vendor for multiple jobs.Prioritize High-Impact Repairs: Focus on renovations that add the most value, such as kitchen or bathroom upgrades, while avoiding over-improving areas that won't significantly increase the property's resale value.By combining these strategies, you can manage rising costs while maximizing your potential returns on fix-and-flip projects.Kind regards,

This isn't always the best option since current rates are in the 6.25 - 7.25% range for DSCR loans. 2) A HELOC on their primary residence.