I’m just trying to better understand the lay out of a deal.

Over these years, we have received huge profit margins on investments in SFR and multi-unit properties, by utilizing my general contracting background and our ever-evolving understanding of the California real estate market.

My job also requires me to know the areas.I have two children of my own so I understand what you are saying when referring to making sure you move to a good neighborhood.It all depends on what type of home you desire to live in.

@Lucas CarlI understand where you’re coming from when you look at it as a job.

If you ever get a notice of a move out be ready to turnover that unit and get it move in ready as soon as you can to minimize the down time.I do understand the "house hacking" loan but 3 or 4 unit house would have decreased the pain of a vacancy. 

Please understand that a any negative statement I may make is not meant to be an insult of you. 

@John WilliamsI have never met an agent who understands auction process very well.

Go on youtube and learn about creative financing techniques so you can understand what "tool" to use and how to apply it.

There was lots of shoddy work done in the past.For the misinformation, it could any combination of the seller providing incorrect information, error(s) the broker made, or just simply me not understanding what was presented.

Secondly, I understand very well how the process goes - borrow the money for 6-12 months, pay out interest monthly, return it at the end....but I actually have no idea what this deal looks like in real life.