Stability vs upside:Pilsen will likely continue to appreciate faster, proximity to downtown, 18th Street development, and strong rental demand, but that comes with volatility: higher taxes, ongoing gentrification debates, and limited long-term rental affordability.Avondale, on the other hand, is more stable, solid tenant base, steady growth, and most properties there have already been hit with their reassessments.

We walk you through some of our available rentals, so you can see what RentReady  in each Class looks like and if we have an ongoing rehab, we'll show you what that looks like.No one else offers all this.

As someone who has been burned in the past by bad GCs, here is a crucial step I take in the vetting process before I hire them (in addition to all of the great points shared above):Take a look at the interior of their work truck. 

We removed you to protect the process, not to punish you.

Though, this process will be the same for the other state (if you created a CA LLC you may need to register it as a foreign LLC in the state in which you are doing business/holding property).

Up to that point, most of my portfolio consisted of heavy rehabs — profitable, but always full of surprises and ongoing maintenance.With new construction, I quickly realized a few things:The builds were more systematizable than rehabs — easier to repeat and scale.Maintenance and CapEx costs have been almost zero outside of normal turnover.Tenants love that they’re getting a “new” house — fewer headaches for everyone.This year we’ve been leaning into it hard.

In CA building codes are revised frequently, electricians must take "on going education " & test & re-certify with the state annually.

On going maintenance presents an entirely different set of challenges with rising insurance costs that disproportionately impact buildings such as what you propose due to replacement costs, rising labor and material costs impacting cap ex. 

@Erlson Neba Much less stress and headaches than rentals especially for lower end areas where the ongoing maintenance will most likely diminish any return you may hope to make and where appreciation cannot be expected.

Flood insurance is an interesting one right now as the ongoing government shutdown has shut off National Flood Insurance Program (NFIP) policies.