They are such givers, you'll be impressed by how much detail they share on succeeding as an investor.Another prolific investor who is highly regarded and is a content machine is Zach Kepes.

We have a water pump for a pair washing machines and a dehumidifier in the basement.

It's a 5-unit that we bought 6 months ago for $299,000, put $50,000 into it (new floors, countertops, painted cabinets, new hardware, painted exterior, bought coin-op laundry machines), increased the rents dramatically, added pets fees, and now we plan to pull all of our money back out so we can rinse and repeat.   

Then what you're talking about is extremely, extremely expensive teardowns, with the so-called "missing middle" being put there to maximize the economic return, which means that you will have extremely expensive rent/buy condos/townhomes/2-3-4-plexs.California suffers from the perfect storm of stupid policies, bad street planning (that's actually getting worse), some real actual natural constraints to building, and receiving a massive local inflation hit from not only the Fed's money printing machine but also from overseas investors who also have monopoly money looking either a place to dump some cash or somewhere to have an anchor baby.

Assuming you guys are using conventional lending, if all three of you were on the loan, then this one property takes up a slot in each of your allotments for 10 loans.  

This will free up slots for Fannie/Freddie. 

Get in front of your competition while you can—and build a multigenerational income machine!

I have hook ups and advertise them but offer no machines.

They were great cash machines.

Hey that’s the special cookie recipe you need to make, and then your golden, I have similar issues, prices now are like a slot machine or like an auction, they are all complaining about supply and demand, I wonder if my contractors hire Chinese people and these people are stuck on a boat in Cali because all of the truck drivers are on strike?????