Short-term loan size at 70-75% of ARV is a routine rate-term refinance on the eventual long-term loan.

Is it worth to compromise for big and fancy home to get in a better school district from an investment point of view or Leander might get better over years.

Nothing fancy, no tricks, loopholes or gurus.

Tenants love fancy stuff, so make your property a magnet for them.

The move-out routine should be no different than any tenant.

She may be newer to posing on BP, but that doesn't give anyone reason to doubt her posts.Take all of this from a very seasoned and experienced investor and entrepreneur who routinely invests in coaching and/or products that may improve some piece of my businesses, team or myself.  

@Christina B. and @Lisa Graesseroh my gosh, I have such a collection of fancy beer now!

Limited margin for error or overruns.For San Jose and the Bay Area, based on Flipsquad data:Flippers routinely stretch up to 80-85% ARV when:Holding time is short (less than 3 months).Rehab is light-to-medium ($40–$70/sf).The end buyer pool is strong (desirable schools, walkability, etc.).Savvier investors still aim for 75% ARV or lower, but it's rare without off-market access or distressed conditions.At 85% ARV, you're likely in “retail-light flip” territory — minor improvements, high sell-through confidence, and fast turnarounds.What to Watch:Rehab Budget Accuracy: In tight ARV margin deals, every $10K in under-forecasted rehab can wipe out profits.Comps Movement: In San Jose, small swings in comp prices can shift ARV ±5%, which is your entire profit in many deals.Speed > Margin: Many Bay Area flippers optimize for return on time, not maximum margin — flipping 3-4 properties at 80% ARV quickly might outperform 1 at 70%.Good luck with your flips and feel free to reach out if I can be of any assistance. 

If you wanna get really fancy, combine pairs of rooms into bigger units and/or build a detached owner’s unit on the property.Starting with a property that is already established commercial lodging also overcomes so many regulatory and zoning hurdles — present and future.You would be shocked how well a place like this can do on AirBnB.  

This is not a one time event:  Airbnb routinely makes the homeowners insurers, indemnifying the guests financially for any calamity that Airbnb sees fit, such as the Helene flooding last year.