.- Converted to a rental in 2024; initially rented for $4,750/month, but tenants moved out, and the soft Bay Area rental market has made filling it challenging.

Are there any red flags or challenges specific to this neighborhood that I should keep in mind?

Hey Megan, I'm glad you're interested in Section 8 investing—it can be a very rewarding niche, but it’s definitely got its share of challenges.

Is it this one: https://www.loopnet.com/Listing/3630-Trowbridge-Ave-Clevelan...If it is, very challenging to put something here considering it's a residential neighborhood and there's probably a lot of work to do to get it up to snuff... cocktail bar might be a tough sell given demographics but otherwise could be an interesting project!

@Marci S.This will be challenging as most lenders will lend on an asset.

Also, what’s been your biggest challenge when it comes to securing the funds you need?

Basically scale in paper and challenge it with your personal time, resources, desires, finance, insurance, PM, etc.

Challenges?

But the struggle is real right now…  It will be challenging to find banks that will lend with less than 20% down.

Challenges?