Check with local government on any pending or ongoing discussions on regulations or existing ones.3.

I would set it aside just for the purpose of BRRRR and nothing else.2) Between the equity in my house, and the cash I already have saved, I will have enough to begin my real-estate investing BRRRR journey if I can find the right deal.3) The interest rate on my existing mortgage is 4.5%I'm very anxious to hear your thoughts and sincerely appreciate any help or advice you could give. 

For me, it is quite honestly worth the money to save my mental energy and work on acquiring another property or find ways to add value to my existing properties.

Existing damage is dry and no active ones found."

It is an existing location fully equipped, sold as is the add said.

Although, I'm not sure how CA would handle a quit claim deed for $1...Best to probably record the existing deed and you get to take your lumps, if any, with the County assessor trying to figure out what to do with a "many year old" deed.

@Sheri Fluellen Thank you Sheri, I didn’t know energy audit exists so really appreciate your mentioning it.

Any existing lease transfers with the sale of the property.

The house looks pretty empty, although the existing walls/floors would need to be taken out. 

But want to use the existing equity to acquire more, possibly do flips or BRRRs.