I appreciate crime has increased in the areas recently, but I'd like to think the city will eventually address the issue. 

In Venice, my old rental just came on the market..It was previously $4500/month and asking $6500. lol Coastal California in particular (or anywhere on the Pacific Ocean - including Mexico) has become increasingly unattainable for most investors or retirees.

The great thing about keeping a W2 or job is that you are loanable and can continue to house hack and buy investment properties from conventional lenders, which always provides the best debt hence increasing your return on the property. 

   Save your self the headache, call three contractors, don’t offer any suggestions, let them give you their opinion.

agree yes my accountant said "exemption" from increased property tax. if we were to just landscape the property it would be valued higher in year 1. and higher property tax paid. 

., students, traveling nurses), which increases the chances that a tenant will want to leave mid-lease.

This area seems to be increasing with popularity within the STR market so thought I'd mention to you in case you were interested in other parts of FL.

Lean more to “over” when you present the lease increase to the renters.

It is not money out of my pocket, the interest is deposited into my 401k fund - effectively an increased 401k contribution; just have to pay interest until the loan is fully paid off.

Hi Daniel,All around it's a tough market to do a BRRRR, but a lot of investors are looking at ADUs to increase cash flow or doing short-term rentals.