It's getting hot and will get hotter, this kind of people can completely transform whole neighbourhoods.I heard in downtown only big shots will be able to buy industrial buildings and convert into residential.

Kristine Marie Poe  they were banking on appreciation.. which you can do in certain parts of CA... not all parts of CA are hotter parts  LA or SF peninsula as you describe ..

She will trust what she writes more than what you put down on paper.Once you have arrived do at the framework of a deal, list out a simple list of terms in about 6-8 line items then a list of documents that will be required and tasks or conditions that are to be met be each party. 

They didn't arrive at the conclusion that they wanted to invest in real estate because they had an abundance of extra cash and nothing to do with it; rather, they went the route of the 9-5, 5 days a week, work until retirement (when and if that ever comes), and then came to the realization that they had to do something different.

Depending on your investing strategy, you may want to find something"just in front of" development, or invest after it has arrived.  

It's easy to jump ahead to solutions and not do the hard analysis of studying the problem first to arrive at a solution that correctly answers the question.  

The Premier product was far superior, both in finish details and how it arrived. 

Some of us feel very strongly about specific items and would be happy to travel to the meeting, but if we request an agenda the "right" way - via the certified letter, the moment is arrives, it's useless, the meeting would be already over, given that the requirement to post an agenda is 48 hours in advance.

I arrived to this idea:  Apply for a home loan through a bank for the purchase of the house, and take out a business loan for the renovations.Would this be the best route to take for a newbie with no personal connections?

Much homework required before arriving at a good investment price for this one!