This one I did 50/50 with a friend makes it way less stressful and allows me to do two projects at once without overdoing my risk tolerance. 

What is your risk tolerance, and are you ok with properties that need work, or do you want turn key?

Depending on your risk tolerance and investment goals, exploring short-term Treasury Bonds, high-yield savings accounts, or diversified alternative assets like private lending or REITs could also be worth considering.

. , is there are always opportunities - what changes is an investors risk tolerance.

@Zach Winner,It really depends on you and your level of risk tolerance, but I will tell you what I like to do.I would establish your level of risk tolerance based off the cost to set up and maintain an LLC, which happen to be particularly expensive in CA.

Since your property has high resale potential, some lenders may be willing to work with you.Cash-Out Refinance – If you’re open to refinancing, you could take out a new mortgage for a portion of the home’s value (say, 60-70% of the $500K), and use the cash difference for renovations.Personal Loan – If you have good credit, you might qualify for a personal loan for part of the rehab costs, though interest rates are typically higher than secured loans.Partner with an Investor – Given the potential profit, you may be able to find a real estate investor or contractor willing to finance the rehab in exchange for a share of the profits upon sale.Your best option depends on your financial standing, timeline, and risk tolerance.

Based on the information you've provided it seems like you might be targeting the wrong type of deal flow for your budget/risk-tolerance/area.

But everybody has a different risk tolerance level.

It's hard to answer this question without knowing what sort of budget, risk tolerance, etc. you're working with.

Hey David, the best metrics depend on your investment goals, risk tolerance, and market conditions.