Flipping with a tenant in CA is almost always slower and more expensive.You’re smart to think about cash-on-cash while you prep, but in a tenant-friendly state, any delay or refusal can blow your holding costs wide open.The safest play for CA flips is almost always:buy → vacate → renovate → sellIn that order.4.

No, MTR guests don't need or expect Le Creuset or All-Clad luxury pots and pans ...... but that shouldn't give hosts license to raid thrift stores to stock their kitchens, either!

For example, you typically would not use an agent selling $250k properties to sell a luxury $2M property and vice versa.

Neither one of them is a bad option as long as you map out your proxy in advance covering all of the above and having a strong team/Network to help plan and execute.Building as a Primary Home or Vacation Home lets you finance the land into the build if needed.

Now the guy lives off the cash flow and even started a luxury construction company out here in Idaho.So yeah, it can work.

In Austin, there are a few channels that consistently produce off-market opportunities, whether you're targeting entry-level flips in 78745 or mid- to high-end areas like Jester, Westlake, or Barton Creek West.Some of the main sources I see working right now:• Driving for dollars in long-term ownership pockets• Pre-foreclosure + delinquent tax leads• Probate/inherited properties• Networking with local investors + RE agents• Builders offloading lots or heavy fixers quietly• Wholesalers who specialize in distressed or dated SFRs• Tracking aging or deferred-maintenance homesI’m in the Austin market daily and the deal flow has been all over the board lately — everything from heavy value-add homes to infill lots to luxury fixers.Curious what type of project you're aiming for — entry-level flip, mid-range, or something bigger?

I’d use solid-surface or entry-level quartz in the kitchen and a prefab vanity top in the bath—both resist stains, heat, and tenant wear better than laminate without jumping to luxury.

Entry-level and mid-tier flips still move well.Homes under the luxury threshold sell fast when they’re clean, modern, and priced right.

You don’t need a luxury condo to run a profitable midterm rental.

How much are rent-controlled renters generally accepting as buyouts to vacate the apartments these days?