In multifamily here in Reno, NV (just over the hill), we have seen some great deals with higher cap rates for buyers, but also very low cap rates on some renovated, turn key inventory. 

its an interesting conversation and for sure Palo alto Cupertino  and Los Altos and Los Altos hills directly benefit from 3 things.  1.

For a long-term hold, I wouldn’t be too concerned about the hill or alley access.

(I am a silent investor, the developer is doing all the heavy lifting, and we split profits at the end)

Nothing an investor wants to read but I've always felt that being optimistically realistic is better than being silent. 

It's pretty sad, but good luck staying silent on the sidelines until my next post which has no other purpose than to help new investors.

Thar's gold in them ther' hills", if you know HOW & WHERE to look.We've got all of Detroit's 183+ Neighborhoods mapped on our website - which can help.DM us for more info...

The key element is :"the intent of which is the transfer of title"in law, the intent can be the determining factor, it doesn't have to actually occur or be done in a specific manner.You can speed because you have your foot down too hard on the pedal or you can speed because you are going down hill.

Not sure where you're planning to take her but here are a few of the local favorites:-Pappas on Taylor Ave (they've opened up a few new locations too)-Kocos Pub on Harford Rd in Lauraville-Faidley's Seafood in Lexington Market-Box Hill Pizzeria in Abingdon (about 45 minutes outside of Baltimore but worth the drive!)

Don't do any Structural type flips.Reduce the risk and start learning.If the above are to labor intensive, either buy a hill or buy some swamp ground.