(you know all the things we using in running effective and efficient private companies) it would be a different story. 

@Peter Mckernan Love the way you did that deal and agree that those deals exist both on market and off market you just have to be able to look for them in an effective way and add creativity. 

To clarify, my focus isn’t on analyzing T-12s for purchasing a property but rather on developing a solid T-12 for managing my property effectively and for use when I eventually sell my investment property in the future.I want to ensure the T-12 I create is both accurate and straightforward, serving as a reliable tool for tracking performance over time and presenting the property’s financials to potential buyers down the road.If you have any advice on key elements to include or how to structure it for these purposes, I’d greatly appreciate your insights.

I believe San Diego is a great RE market but the reality is it is very competitive and most purchases have negative initial cash flow.  

@Chris Kay it's VERY difficult to cashflow with 0% down purchases.We do 0-10% down Land Contracts and know going in we may actually have negative cashflow - which is acceptable given the low down payment and avoiding mortgage costs.

Will getting this second home loan right now, affect me negatively when I go apply for the construction loan in the next 1-6 months?

So, even a small negative like a $50 unpaid cell phone bill that goes to collections when you switch carriers tanks their score.

At 95% any negative change places the entire portfolio at risk.

For me that means at least 1 good review and no negative reviews.

The team is very transparent and responsive.In short, I have nothing negative to say and am overall pleased with the responsiveness.