While SD might experience massive appreciation, your wallet won't see it.Now, compare that to another growth market like the Raleigh metro ... that same original $500k can be split into 2 townhouses that will kick off $400-500/mo in positive cash flow ... use a portion of the $90k that you were going to sink into the negative SD condo and pick up a third unit. 

YMMV (your mileage may vary)Fixable alone: boiler maintenance and steam system rebalancing, minor lead paint sealing, plaster patching (even very large ones), thermostat installation, insulate flooring and rim joists, painting, floor repair, skim coating walls, installing thresholds, weatherproofing, installing/refinishing door and cabinet hardware, adjuster gutter drainageNeeded professionals: sewage main unclogging ($), knob and tube disconnection+removal ($$), flooring ($$), adding joists for structural support within walls ($$), replacement and removal of old brass/cast iron plumbing where necessary ($$$), new gas line for laundry and lines for appliances ($), wall demo + replacement ($$$), steam line moving and radiator repair ($$), gutters ($$)$ - hundreds, $$ - thousands, $$$ 5K-10K, $$$$ - tens of thousandsHope this helps, best of luck with the old home!

Sometimes C class tenants drain you and your wallet when dealing with them, other times you end up with a cheap property and a long term tenant that works out great.

Restaurants, clothes sales, hardware store, etc. 

i slowly upgraded the property over the 3.5 years I lived there, including building a fence, painting throughout including kitchen cabinets, adding new hardware and upgrading all the kitchen appliances What was the outcome?

The local hardware store was manned by an owner whose livelihood depended on his personal attention to detail and the service he provided.  

Go to the meeting, great opportunity to meet people and get an overview of the business- leave your wallet at home, not in your car but at home.

. - I am doing some diligence on the product and need.If anyone has heard of it or used it please lmk or if you have an opinion on the value of a solution that provides a wifi hardware and software for STR owners and management companies so they can collect data and market directly and improve the wifi experience for guests.

- Replace HVAC (Heat Pump and Fan Coil + Digital T-Stat) February 2021 - Total Cost: $12,350.00Additional Rough Costs: $2k-Updated Kitchen:oButcher Block Counter TopsoComposite Granite SinkoNew Black Faucet and Garbage DisposaloWhite Porcelain Large Format Tile BacksplashoPainted urethane white cabinetsoNew black hardware pulls-Bathroom UpgradesoNew toiletoNew lighting modern fixtureoNew larger modern mirror What was the outcome?

SoFi immediately gives you access to your money with a debit card accessible through your Apple Wallet and at that point your tenant can use one of the many ways to pay; Apple Pay, PayPal, etc.