Following this logic, you should get your contractors into a house you want to make an offer on. 

My uncle, my dad, and myself are all pretty logical.

You lost me on the logic of that decision.

The capex worksheet was from someone on here (sorry - can't remember who) and I added more logic to it.https://drive.google.com/open?

I originally planned for us to work on these properties ourselves primarily and act as GC to get them sale ready as an introduction into being able to BRRRR and/or flip future properties and cut costs on the rehab process (though I'm sure someone will question that logic, I'd like to hear where I'm flawed on it).

I've never understood this logic, unless you plan to buy one house, only one house, and no more, ever, and paying out a couple hundred bucks a month to keep the place standing is going to kill you.On average you'll probably have lower vacancy in an SFH anyway.

Some value the emotion of hanging onto what they have even if logically they know it’s worse.

Thanks for the suggestion about upgrades, sounds logical!

I didn’t know if that was a possibility, though logically it makes sense.

While San Francisco is tenant friendly, I can't see the logic and having attorneys getting involved as you can simply move.