Days on market is about 2 months, slightly better than earlier this year but relatively speaking, it's still a more balanced market compared to rest of the Bay Area.

You've possibly stated in writing that you (may have) violated several laws ie. working as a property manager w/o the proper licenses etc. 2.

If you do a proper foreclosure and notify all parties a tax foreclosure can clear up an otherwise scrambled title. 

Thank you for your insights, I was a bit vague, honestly, I've been looking at houses since I graduated college about a year and a half ago but life was in the way, had student debt to focus on, moved to a new state with no family or friends and had to build some form of social/work foundation in my eyes when I moved from NYC to VA to make sure everything that I decide I go into the life I am balanced such that I can focus on what I want with all of my energy.I am not moving on from looking at properties, over the time I've been looking at houses I have saved, I have researched, I have made connections with real estate agents in my area, I even studied for the real estate agent test but ended up not taking it for other reasons.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Here it would be 25% down ($275k)A balance of $825k at 7% (or higher) $5,490/mo, figure $250/mo insurance, $500/mo property taxes $6,250/mo. 

The note investor who thought interest is paid on the original principal rather than the unpaid principal balance.  

Hello everyone,I am about to start writing out offers and I wanted to know the general opinion on how to find proper comps in the area when calculating ARV.

We can’t profitably turn it into a LTR, or easily anything else.Desirability - well two favors balance out.

You lease should state a interest fee for unpaid balances.