For property owners and investors, this is a major safety and financial concern.

Fannie Mae+1Talk to a mortgage broker who knows multifamily owner-occupant loans — product availability varies by lender and changes rapidly.4) California vs out-of-state — decision factorsPros staying in CA: easier property management (you live on site), faster hands-on control, potential appreciation in some areas.Pros going out of state: more cashflow and lower entry prices in many Midwest/Southern markets — you’ll trade more travel/remote management for higher yields.Consider: rental market demand, vacancy rates, property taxes, landlord-friendly laws, and ability to travel/manage repairs.

Always check a city’s rent-control laws before investing.

Quote from @Carter Ledwith: Great point on the goal of balancing speed and safety.

Next step: confirm ARV and realistic rent for 77048, tighten the rehab to only what increases rent and safety, and line up a lender term sheet for both the rehab loan and the refi before you start.

Early focus should be clean ops and risk control: strong lease, proper disclosures, solid insurance plus an umbrella, and fixing safety issues fast.

Line up funding before demo by securing a hard money term sheet and one private lender, build a simple scope focused on safety and rent/value drivers, and hire a vetted GC with milestone draws and lien waivers.

In most cases you can build a new row house on a 15-foot-wide lot in Philadelphia if a 15 foot wide house was built on this lot prior to being demolished due to safety reasons.

For momentum, recycle into a second single‑family that needs safety/capex first, stabilize rents, then refi and repeat.

Folks are delaying or cancelling travel, simply because of anxiety about getting there and back home on time, and safety concerns.