Prop 13 allows for property taxes to increase at the lower of the rate of inflation or 2% per year and allows property to be reassessed upon a change in ownership. 

Creating the equity by fixing up the property to a better class or increasing cash flow by utilizing creative investment. 

I am very curious as to the must have or 'should do' rehab to either increase value in my home to possibly start using the BRRRR method or for basic tenant improvements.

I am very curious as to the must have or 'should do' rehab to either increase value in my home to possibly start using the BRRRR method or for basic tenant improvements.

@Tara Jenkins - If you Cash out refi you are likely going to increase your monthly payments and will be paying on that right away. 

If you have changes, like a rent increase, write them in.

What if they stay 10 more years, with zero rent increases?

Our two duplexes in Jacksonville were 1.6% when we purchased them and now almost 1.8% after our rent increases.

My main piece of advise : As a new investor it can be really hard to wait until you have the capital to get started with something worthwhile, so focus on your research and on building your analysis skills, focus on the numbers and doing conservative math (ie don't include rent increases or appreciation, which are never guaranteed).

I feel like this is one of those “what you feel is right, is right” moments, and I have been increasingly feeling like it’s time to say see ya, but the data doesn’t besides this one month.