Get replacement cost hazard insurance along with an umbrella policy of at least $1M, probably double in your area.

I’m not confident on my calculations for ARV or Rehab cost and don’t want to get a property under contract if it’s not really a deal.

With record low inventory and sales transactions there's no low hanging fruit.In this market we think the best opportunities are value-add (BRRRR'ish), zoning changes allowing density (ADUs), or seller financing deals (buy a lower rate).

With the fires, labor and materials are going to be in short supply.

I tried shopping around but no one would take me since I had a sewer collapse claim last spring.

Many investors fall into this "do-it-all" trap, believing no one else can handle things as well as they can.

It may be simpler to pursue the STR loophole strategy as there is no limit the losses used to offset your W-2 income.

It appraised for $201,000 the other month and I put $103,000 in my pocket after closing costs and paying off the old note.I wish I had about 20 more of those...

These will give you the out numbers, and then you can work backwards once you know the repair costs.

Anything you do remote will come at a cost of operational inefficiencies and a higher cost of doing business.