Is he just wanting to dump the property or trying to maximize profits. 

I learned how to manage rental properties well with this property.

And the hardest part of all this is finding sufficient labor to rehab/manage the property. 

This is my first post on here and excited to share my real estate investing journey with the best partner in the world, my wife.. we are looking into buying our first investment property via hard money.

I am planning to offer an equity position to a friend in a property I am currently in the process of refinancing.

See properties sitting on the market for a long time, every market is different, my market anything over 30 days is a long time.

Roughly 1,600 sq ft. 2 stories.The alternative is to repair, pressure wash & paint the property costing roughly 4k-6k due to the amount of labor.

Funny enough, I was going to suggest you move out of SF due to the high cost ;-) I'd suggest going down the SF condo route to start as financing for commercial units is a lot more difficult than residential properties.

Spoke with multiple credit unions and they mentioned a rental property needs to show at least two years of rental income in order for that income to be counted into the DTI ratio. 

Know your market cap rate and you can quickly determine whether property is worth a closer look.