In my case I was lucky that I still kept half of my portfolio, so didn’t get out of the RE game altogether.

We did quite well in the Timber game in the 90s Owned many thousands of acres of Timberland during that time its a great industry one of the favorite things I ever did beat the heck out of rental houses LOL

Because this property is located in midtown historic district of Sacramento, we feel there may be market for both MTR and STR, but first thing is we will target LTR and let 3 or 4 units filled in.When we first start developing this apartment from ground up, it was intended to flip and move on to the next project, with timing and interest rate etc.. we deiced to keep it as a cash cow for a while and see how things go.  

Out of the 50 addresses zero will probably be interested in selling so it's a numbers game before you find the one. 

More like  2X to 5X the cash out.. these are done with builder developers on their deals So put out 300k get 300k back in profit plus the interest rate. most small builders/ developers need to have a equity partner so you just do both you lend the money and are the equity partner.. pretty clean..

With your background in architectural design, you're already ahead of the game in understanding spaces and their potential!

If able, speak to them face-to-face at their work, your kids soccer game, church, whatever.

(FYI - this was an SB9 "two unit development, not an SB9 lot split). 

Looking to upgrade my game and speed is of the essence.

Selling "Golden Tickets" has proven a dangerous game for many through-out REI history.