Hi, I'm looking to buy and rehab a 2-4 unit multifamily in San Francisco where I'll be occupying a unit while renting out the rest.

You simply cannot make money on a 2 bedroom cabin you paid $650k+ for (or whatever insane price you paid those years).

I posted only once so far offering to find someone off market properties here in San Antonio, however that comment was removed because I didn't read the rules and realize that type of comment is supposed to be in the classfieds section.I've learned a lot so far and I hope to add some value to the REI community here at BP.

@David H.It’s common for them to throw that language out there which even if they broke the law or operated without a license then you are indemnifying themSo I would definitely have that edited by an attorneyFYI property managers do the same thing - some of these PM agreements I see are insane

Would love to connect with others who are investing in San Antonio, as I'm still learning the market and which neighborhoods to invest in.

However, we keep coming back to the potential that the best first deal actually lies in a property that my mom owns in San Diego.

Someone's been telling me 18 to 20% and that sounds insane

In San Luis Obispo, Cal Poly students cause a need for more and more housing and have increased the rent year after year.

They should be punished, not rewarded.....You're asking for advice, so here's mine - 1) fire these clowns, 2) get the project bid out yourself, 3) have the repairs done, 4) hire a new PM to manage your new property, 5) go relax and let the money roll in.....

My STR in San Juan, Puerto Rico is booked solid.