Going from a $232K purchase to a $575K sale is no small feat, especially with a full excavation of the foundation and reframing involved.I’ve got a buddy who tried something similar outside San Diego last year.. he had to reinforce the entire property with a new slab and rebuild the interior layout from scratch.. definitely not for the faint of heart, but his final sale price turned heads in that local market.

You should have/could have screened them when you initially bought the property, but there's no point doing it after you've had them as tenants for a full year.

The market is full of garbage numbers and there is no shortage of newbies willing to acquire them.

Typically lenders do not allow this but if they do you would ahve to go through a full underwriting to confirm you qualify to make the payments.

This was a poorly timed purchase at full retail so it likely is worse than virtually every other San Diego RE investor’s monthly appreciation. 

Instead it looks like a sales pitch that is targeted to unsophisticated investors who are new to the space.If that's actually the situation here than these deals generally have multiple things I can't stomach and is an immediate red flag for me.2) AAA Storage growth: At one point I was interested in this sponsor because of the claimed full real estate cycle track record with little to no money lost.

You can combine a bunch full-time of investors together and would be hard-pressed to have a repeat of your story with a car crash.

I live in the US full-time and visit a couple times a year. 

Most part time and full time investors use these loans due to the simplicity and straight forward qualifications. 

Unfortunately, seniors are moving out of the newest/nicest 6 bd I have and actually covers 2 full mortgages in rent, I am just getting significantly less hits on Zillow even with premier.