Like Mija noted, they cost real money and time to maintain, and I simply was not deriving enough value from either.I had no intention of GC-ing jobs for clients, which is about all it would have allowed me to do that I can't do already.  

However Zillow and Furnish finder are simply going to give you a lead.

I have dozens of clients doing this in New Jersey most of which come from no construction background, they simply use preferred vendors we have in place (not GC's) which lowers renovations cost because there is no middle man. 

Being clear about what’s covered in the lease and by local laws can avoid misunderstandings and set their realistic expectations.If you do plan to carry out the cosmetic upgrades (because the property is overdue and of course you want to ensure your tenants are enjoying their home to the best of your abilities), try to schedule the repairs at times that minimize disruption.

But my 4 renters are in there 30's-50's and work 50+ hours / week building naval ships and submarines and they enjoy being close enough to walk to the shipyard and coming home to a brand new house with all the modern upgrades. 

If this is your dream retirement place, perhaps you use the LTR to simply subsidize your purchase even if it's not fully cash-flow positive. 

Ray you can still lend in CA you simply need a RE Broker to run the paper work for you so the state Is happy and they will usually want some sort of fee for their time and risk / effort.

The idea is to chat about local market trends, share insights, discuss what’s working (and what’s not), and, of course, enjoy a drink together!

I'm particularly passionate about BRRR, Mid term rentals, Money lending.Outside of real estate, I enjoy nature, travel, healthy cooking.Excited to learn and connect with you all! 

If anyone is interested, please feel free to reach out so that we can connect.Outside of real estate, I enjoy golf, cars, working outExcited to learn and connect with you all!