In summary, I am still seeking smart buy n hold RE purchases in San Diego. 

I got really exited to invest in real estate as buy n hold (specifically BRRRR) after reading several bigger pocket books n listening podcast.

Also, I avoid flat roof, multi units with common HVAC, prop in flood zone, crime area, etc. as they are either too costly to fix that don’t worth investment of time n money or just can’t be fixed, period.Anything that comes mind to flip switch off for further analyzing that property or filter out before even begain to analyze?

@Brian TranAppraisers value based off size (sq ft, beds, baths, garage y/n) and also condition.So if you have a 3 bed 2 bath in “C4” condition then he will compare your 3/2 to other 3/2’s in C4 condition.Condition ratings are ridiculously subjective in my experience.

This one is easier as there's natural gas lines and I can just convert it over but still pricey ($5-7k)The seller doesn't have the funds to make the repairs so I'm trying to find a way to make this deal happenWithout getting bids, I'm estimating about $15-20k for rehabbing these items (FEEL FREE TO TELL ME I'M WAY OUT TO LUNCH)....this is on top of the $5-8k I budgeted to put into the interior.I'm not a flipper and was looking at this as a buy and hold cash flowing property.Looking where to go with this one:A) Reduce offer by $15-20k to $155k- Cons: I'm going to have to find a loan as I need my capital for other purchases in the hopperB) Reduce to $160k and get $5k in closing help- Cons: I'm still going to be out of pocket but b/n closing help and reduced downpayment would be able to get most of the work done and just put the rest on a credit card and use the cash flow to pay it down over the next 12 months.C) WalkD) Other options???

For example, once the home is complete how much are Fix n Flip groups spending to sell the home through a broker?

Looking for a loan which includes purchase price and rehab, like a fix-n-flip loan, but want a long term mortgage instead of having to refinance after 6 months.Do you exist?

Some of the posts in this thread I find entertaining.So I thought it could be entertaining to have a thread on poor buy n hold purchase decisions in hopes that it provides some entertainment. 

Often 3-6 units like this: https://www.redfin.com/IL/Villa-Park/731-N-Lincoln...How do you think about these as an investment? 

@Roy N.