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. 

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

But in theory, if there is enough movement on NOI, then yes, you could refi and recycle that capital.Generally, as you are getting started, your three main sources of information will be brokers themselves (while they may be painting an optimistic picture, the good ones are still in reality), lenders (many loan brokers will happily take a look at a deal you are considering and throw it into their quick calculators, again giving you some ideas as what numbers they expect to see), and property managers (these are the front lines who are controlling your expenses and revenues, so typically provide the best info).

@David Aylor I live and invest here in Asheville, and we, Movement Mortgage that is, can help you with this.

Unemployment stays down, actually goes DOWN, because employment IS going to be UP but, but but BUT, it's a movement game, median incomes stepping DOWN because consolidating to reduce labor cost's.

However, one side fails to realize that by artificially constraining the lot rent of a community, the owner is perpetuating the community’s eventual demise.

So I adapt and evolve a lot, constantly, because everything is in a continuous state of movement, so I have to remain in a state of evolution. 

The market is beginning to change, and we're seeing a little bit of movement on pricing, but not a lot.

Self storage is great in both good and bad economies due to housing movements up and down.