Hey I'm just trying to be honest and play devil's advocate here about the dangers of all the tenant's rights stuff in San Francisco, but if you want to go sell the concept of San Francisco investment property deals/properties/mortgages that typically break the 1% rule, have low cap rates, and will often be cash-flow negative out the gate, some non-trivial percent of these mortgages which I will be writing, go for it, thanks, and keep writing posts like this.

Jacquelyn Sarpong so the concept is correct but what you're saying is it would need to be approved by the board before a lease option/ or rent to own agreement is made?

Vrytas was originally started with this concept in mind, but it takes significant time and resources to build a community of real estate investors and permit them to build a reputation that other investors would trust.  

Anyone that believes holding on to a 1.4mill property rented for $4000/month is a good idea has no understanding of the concepts involved in making money work.

I get energy from others like myself who want to bounce ideas/concepts off others. 

The 50% rule, 2% rule (the percentage can vary but the concept is find the % that works for you) and the 70% rule are good starting guide lines.Some of the free guides under the education tab should help.

Now - I understand the general concepts of a 1031 exchange (like-kind, 45-day ID window, 180-day closing window, etc.), but with my situation above would my property then be eligible for a 1031 exchange into another investment property?

I am trying to get familiar with the concepts, lingo, financial formulas, etc... 

The concept is homestead the luxury property, don't house hack the duplex.

The property (s) are in the journal square neighborhood.